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

  • Honduras tourist tool road project
    April 27, 2015
    In Honduras plans are being drawn up for the tourism corridor tollroad project. This route will connect the cities of San Pedro Sula, La Barca, El Progreso, Tela, and La Ceiba port on the Atlantic Coast, reports Business News Americas. The project has made another move forward as it has received support from the Multilateral Investment Guarantee Agency (Miga). The 200km road project has been awarded to the consortium Autopistas del Atlántico. The aim of the project is to increase economic activity and tran
  • Restart ahead for Nairobi-Mombasa toll road
    May 16, 2025
    Full feasibility study for the US$3.5bn Nairobi to Mombasa toll road is handed over to Kenya National Highways Authority
  • 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
  • Bankia and FCC sell Globalvia to OPTrust, USS and PGGM
    October 27, 2015
    Investment bank Bankia and Spanish construction firm FCC have sold their 50-50 joint venture infrastructure management firm Globalvia to three pension funds for €420 million. Madrid-based Bankia and FCC -- Fomento de Construcciones y Contratas, based in Barcelona -- said their decision to sell their holdings was part of their plans to divest non-strategic businesses. Globalvia manages public-private partnerships, of which 90% are in Spain. Purchasers are UK-based USS, OPTrust in Canada and Netherlands-ba