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

  • Indonesia cancels Sunda Strait Bridge connecting Java and Sumatra
    November 11, 2014
    Indonesia pulls back from Sunda Strait Bridge connecting Java and Sumatra Indonesia appears to have shelved construction of a 30km bridge that would have connected the islands of Sumatra and Java – a US$23 billion project. The structure -- a dream of Indonesia's political elite since the 1960s -- was to have three lanes of traffic in each direction, twin rail tracks and cabling for telecommunications and electricity. But the Jakarta Post newspaper reported that recently elected President Joko Widodo had
    Read More
  • Road paving plan proposed for Mozambique
    March 20, 2015
    An ambitious road improvement scheme has been proposed by the Mozambique Government. The programme of works calls for the paving of 2,100km of roads by 2019. The scheme will address both national and regional roads across the country between 2015 and 2019, covering around 420km/year of roads on average. Also included within the programme will be repairs to 57 bridges. Meanwhile a further 2,800km of roads will be repaired, an average on 560km/year, by 2019. The, Japan International Cooperation Agency (JICA)
    Read More
  • Major bridge widening project going to plan
    April 11, 2012
    When built it was determined that a vital US road/rail bridge would always be widened. Work on that huge project is going to plan as Patrick Smith reports One of the biggest bridge widening projects in the world is being carried out under an ambitious development programme. At US$1.2 billion, the seven-year scheme to widen the Huey P. Long Bridge in the US state of Louisiana is also the largest of 16 projects planned under the state's TIMED (Transportation Infrastructure Model for Economic Development)
    Read More
  • Minister gives green light for UK road schemes
    May 8, 2012
    Roads Minister Mike Penning yesterday gave the green light for development work to be carried out on six new major UK road schemes. The development work, which will take place over the next three years, aims to prime the road schemes for completion in the early years of the next spending review period (post 2015). The six proposed road schemes, which aim to boost economic growth as part of the Government’s National Infrastructure Plan, are:
    Read More

Highlighted Content