Skip to main content

Colombia highway construction projects secure funding

A finance source has been secured for major highway projects in Colombia. The Rumichaca-Pasto and Montes de Maria highways are being constructed by Spanish contractor Sacyr. A package of loans worth a total of US$110 million will pay for the highway work. This financing is being supplied jointly by CIFI, Banco BTG Pactual Cayman Branch and Banco Pichincha Panama.
August 22, 2018 Read time: 1 min

A finance source has been secured for major highway projects in Colombia. The Rumichaca-Pasto and Montes de Maria highways are being constructed by Spanish contractor 3959 Sacyr. A package of loans worth a total of US$110 million will pay for the highway work. This financing is being supplied jointly by CIFI, Banco BTG Pactual Cayman Branch and Banco Pichincha Panama.

For more information on companies in this article

Related Content

  • Paraguay road contract financing model changed
    October 15, 2019
    A different financing model will now pay for work to upgrade Paraguay’s Route 2 road link.
  • Spanish firms pre-qualify for US$1.15bn worth of Colombian road projects
    August 7, 2013
    Several Spanish firms with operations in Colombia have gained pre-qualification for two tenders to build and maintain two roads in the country requiring an estimated combined investment of US$1.15 billion. OHL Concesiones Chile and OHL Concesiones Colombia (part of the Spanish OHL group), Sacyr Concesiones Colombia (part of Spanish group Sacyr) and Ortiz Construcciones y Proyectos Colombia, and Acciona Concesiones Chile (part of the Spanish group Acciona), are pre-qualified for the Pacific 2 Connection. The
  • Colombian road projects being planned
    March 5, 2021
    A series of major Colombian road projects is being planned.
  • Serbia highway project; financing secured
    May 24, 2019
    The Serbian Government has secured a financing package to help pay for a key highway project. A loan worth €385.8 million is being provided by China’s Export-Import Bank for the construction of the Preljina-Pozega highway. In addition, the Serbian Government is also being provided with an €867 million loan from China’s Export-Import Bank for the development of the Novi Sad-Subotica railway line.