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

  • Early bird deadline close for ASECAP Days
    March 21, 2025
    Check out the event before April 2 and take advantage of the early bird registration fee for the 52nd ASECAP Days to be held at the NH Collection Madrid Eurobuilding hotel in the Spanish capital Madrid.
    Read More
  • Tunnelling challenge on German project
    June 13, 2012
    A massive construction project has been underway deep in the heart of the Schnecktal valley area in Germany. From the surface, though, you would never be able to tell. The majority of the work is underground, as a joint-venture team led by German contractor Wayss and Freytag Ingenieurbau builds the nearly 7km long Finne Tunnel. After a few years of tunnel boring operations, the contractor is at work finishing the interior of the tunnel, slipforming first the tunnel’s floor and then a walkway with its GOMACO
    Read More
  • Economic gains from widening the A453 in Nottingham, England
    August 12, 2014
    Work is well underway on turning a busy just over 11km two-lane link road from the city of Nottingham to Junction 24 of the M1 in Leicestershire, England into a four-lane highway. The widened highway will relieve considerable peak-time congestion for travellers to Nottingham, the M1 and East Midlands Airport while also making journeys safer and more reliable. Guy Woodford reports Used by up to 30,000 vehicles a day, the A453 is renowned for congestion at peak travel times. But years of day-to-day commuter a
    Read More
  • Vulnerable road users face greater risks on Europe’s road network
    May 21, 2014
    Data shows that vulnerable road users are benefiting less from improved road safety. This has been revealed in the 2014 Road Safety Annual Report, which highlights latest road safety data. The number of road fatalities fell by 1.7% between 2011 and 2012 in the 31 countries covered by the International Road Traffic and Accident Database (IRTAD), according to the International Transport Forum at the OECD. However, road safety policies are not succeeding in improving protection for vulnerable road users. The l
    Read More

Highlighted Content