Colombia: financial closure achieved for 13 4G road projects

Colombia's Minister of Transport, Jorge Eduardo Rojas, announced that 13 projects within the framework of 4G – Fourth Generation - road development have reached financial closure.
September 6, 2016 Read time: 1 min

Colombia's Minister of Transport, Jorge Eduardo Rojas, announced that 13 projects within the framework of 4G – Fourth Generation - road development have reached financial closure.

With 11 projects included in the first wave of the scheme, only one proposal lacks a financial closure, according to a report in El Pais newspaper.

Rojas confirmed that in the second wave, nine road projects have been awarded and are expected to achieve their financial closure before the end of the year.

According to Rojas, 4G will add 7,000km of roads that will include 1,300km of dual carriageways, 1,451 tunnels and 21,300 bridges.

Finance & Funding

Related Content

  • State of the art tunnel a conservation triumph
    May 2, 2012
    The opening of a 1.8km tunnel in southern England is designed to ease traffic bottlenecks in an environmentally sensitive area. Patrick Smith reports
    Read More
  • State of the art tunnel a conservation triumph
    February 28, 2012
    The opening of a 1.8km tunnel in southern England is designed to ease traffic bottlenecks in an environmentally sensitive area. Patrick Smith reports
    Read More
  • Another tunnel for Australia’s WestConnex toll road project?
    July 21, 2016
    The size of Australia’s largest infrastructure project could get bigger with the addition of another tunnel, according to media reports. The New South Wales state government is considering another tunnel, around 1km long, in the inner west, expanding the size of Sydney's WestConnex toll road project, according to the Sydney Motorway Corporation, which along with its state government client, Roads and Maritime Services, is in charge or the US$12.74 billion project. Sydney Motorway was set up in 2014 an
    Read More
  • More challenges for Stonehenge A303 scheme
    August 1, 2023
    National Highways’ Road Investment Strategy for England’s strategic roads has committed to upgrading many the remaining single carriageway sections of the A303.
    Read More

Highlighted Content