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

  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
  • Czech tenders for D6 section near Karlovy Vary
    June 7, 2023
    The Petrohrad-Lubenec section includes several bridges with work starting by the end of the year for completion in 2026.
  • National Highway Authority of India (NHAI) rolls out new PPP regime
    January 11, 2016
    Financially delinquent contractors working on Indian projects will, from now on, find they are labelled a “non-performer” and barred from further work until they remedy their cash flow. The move by the National Highway Authority of India (NHAI) is an attempt to speed up site work and complete public-private partnership road projects on time. Under the new policies, firms that delay construction or fail to inject their share of capital into their projects will be barred from participating in fresh bids un
  • Slovakia: early 2017 restart for work on the Cebrat Tunnel
    May 27, 2016
    Roman Brecely, Slovakia’s transport minister, has said that construction of the 2km long motorway tunnel Cebrat near Ruzomberok could be resumed at the beginning of 2017. But the cost is expected to increase by around €100 million. He added that the government likely will seek European Union funding. Construction was halted a year ago over concerns about the possibility of landslides and other geological issues. For this reason, the tunnel route may alter and be an additional 1.5km longer. The tunn