Skip to main content

Colombia: nine 4G PPPs to receive financing this year

Colombia’s minister of transport Natalia Abello Vives has announced that nine 4G public private partnership projects will receive financing this year. Final financing for the Puerta de Hierro-Cruz del Visola road, part of the second wave of 4G projects, will be on June 14, with work to be carried out by Spanish construction firm Sacyr. Construcciones El Condor will carry out the Antioquia-Bolivar and Cesar-Guajira road projects which will also receive financing this year. Other projects include the
March 18, 2016 Read time: 2 mins
Colombia’s minister of transport Natalia Abello Vives has announced that nine 4G public private partnership projects will receive financing this year.

Final financing for the Puerta de Hierro-Cruz del Visola road, part of the second wave of 4G projects, will be on June 14, with work to be carried out by Spanish construction firm Sacyr.

Construcciones El Condor will carry out the Antioquia-Bolivar and Cesar-Guajira road projects which will also receive financing this year.

Other projects include the Ibague-Cajamarca road, closing on May 4, and the Cambao-Manizales and Chirajara-Villavicencio roads, which are scheduled for financial close on July 16 and 22 respectively.

Luis Fernando Andrade, president of the National Infrastructure Agency (ANI), said that the sale of the government's shares in energy firm Isagen have been key in raising capital for the road projects.

Meanwhile, La Republica reported that the Colombian construction consortium CSS Constructores and Spanish-Colombian consortium Estructura Plural have tendered for construction of the Bucaramanga-Pamplona road. The project is part of the third wave of the government's 4G road development programme.

The 133km project requires an investment of around US$253 million and a contract will be awarded on April 22. The Bucaramanga-Pamplona road will connect to the Pamplona-Cucuta motorway. A contract for the Pamplona-Cucuta motorway will then be awarded on April 29.

Related Content

  • Two consortia bid for US$924.84mn Colombia highway concession
    April 17, 2014
    Two consortia have bid for Colombia's US$924.84 million (COP 1.79 trillion) Conexión Pacífico 1 highway concession, the first project under the Autopistas para la Prosperidad program and part of the country's fourth generation (4G) of concessions. There were 10 prequalified consortia and the two to submit bids were Autopista Conexión Pacífico I, comprised of local firm Estudios y Proyectos del Sol (Episol) and Spain's Iridium, and Infraestructura Vial de Colombia, comprised of Colombian firms Carlos Albe
  • Colombia dual carriageways under construction
    October 10, 2016
    Colombia is currently working on major highway projects that will improve transport infrastructure in the country and form part of its 4G programme. The US$616.5 million Rumichaca-Pasto dual carriageway in Narino department will improve Colombia’s transport connections with neighbouring Ecuador, cutting journey times from two hours at present to just one hour. The project is being handled by a consortium, Consorcio SAC 4G and involves improving an 80km road section and building additional lanes for the 74km
  • Colombian highway tenders now underway
    February 10, 2015
    In Colombia the tender process is underway for two major highway projects worth a total of US$1.257 billion. The Autopista Mar 1 and Autopista Mar 2 projects are located in the department of Antioquia and the details of the projects were published by Colombia’s national infrastructure agency ANI, reports Business News Americas. These projects number amongst the 10 concessions the Colombian Government is awarding for the second round of its $25 billion 4G national highway plan.
  • Contractors competing Colombian construction concessions
    May 13, 2014
    The tender process is underway for the third section of Colombia’s Pacific route connecting La Pintada and La Felisa. This route forms part of the Autopistas de la Prosperidad project between Medellin and Buenaventura. The 231km section includes 26 bridges and three tunnels and will cost some US$621.4 million to construct. All three sections plus the Magdalena and Norte highway will be awarded by July 2014 with works due to begin in 2015. The highway stretches should all be finished in 2020. For the first s