Skip to main content

Colombia highway deal being arranged

Funding has been sourced for Colombia’s Autopista al Mar 2 fourth generation (4G) highway project. In all US$652 million has been secured for the work, with the China Development Bank providing $418 million. Other banks involved in the financing are Colombia’s Financiera de Desarrollo Nacional (FDN) and Japan’s Sumitomo Mitsui Banking Corporation.
August 2, 2019 Read time: 1 min

Funding has been sourced for Colombia’s Autopista al Mar 2 fourth generation (4G) highway project. In all US$652 million has been secured for the work, with the 2621 China Development Bank providing $418 million. Other banks involved in the financing are Colombia’s Financiera de Desarrollo Nacional (FDN) and Japan’s 2714 Sumitomo Mitsui Banking Corporation.

For more information on companies in this article

Related Content

  • Columbia looks for more funding of 4G motorway projects
    April 15, 2015
    Colombia's national agency for infrastructure, Agencia Nacional de Infraestructura (ANI), has announced the second wave of 4G motorway projects made of nine projects that will require US$5.64 billion. Four proposals were received for the first of these projects, the Puerta de Hierro-Palmar de Varela-Cruz del Vizo motorway, a 202km road will require around $470 million. L:ast November World Highways reported that a major programme of PPP road construction concession contracts is due for Colombia. It wa
  • Colombia’s multi US$ billion road programme
    July 30, 2024
    Colombia is working on its multi US$ billion road programme.
  • Financing being secured for Colombian highway project
    June 24, 2019
    The finance package required for Colombia’s Popayan-Santander de Quilichao highway project is being secured. The highway forms part of Colombia’s fourth generation (4G) motorway plan. Costing US$692.5 million, the necessary financing should be in place by July 2019. The work includes building 78km of dual carriageway and no less than 31 bridges. It also includes improving 18km of single carriageway roads and also installing two new toll booths. The construction work is expected to take a further 36 months t
  • Bancolombia boosts its investment in Colombia 4G road projects
    August 4, 2016
    Bancolombia has the largest involvement of all Colombia’s banks in the country’s 4G Road Programme after financial close of the Autopista Norte motorway project. The bank has around US$390 million invested in four out of five 4G road development projects that have secured the necessary funding so far, according to a report in Portafolio, an on-line economic magazine. The 145km Autopista Norte route connects the Caribbean port of Cartagena to the capital Bogota by way of the Ruta del Sol motorway, a 1,