Colombian highway projects under development

A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
June 29, 2018 Read time: 2 mins

A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches.

The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km existing route connecting Santa Fe in Antioquia and Bolombolo. The work also includes widening the 43km route between Medellin and Santa Fe, in Antioquia Department. Other key portions of the project include the construction of the 4.6km Tunel de Occidente as well as building no less than 39 bridges.

Meanwhile work to build the Toyo Tunnel (Tunel del Toyo) in Antioquia Department is now around 64% complete. The tunnel measures 9.8km long and should be ready for traffic by 2022. The link is being built bya consortium comprising FCC Construction, Cass Builders and Company, Carlos Alberto Solarte and Estyma Studies and Handling. The tunnel route runs underneath the mountains of western Antioquia, an area that is difficult to access at present due to its challenging topography. Construction of the route will improve transport to the port of Uraba, located some 80km to the north of the city of Medellin. Work is also underway on the nearby Tunel 18, a 258m tunnel section located close to Canasgordas, as well as the Puente 13 bridge and a number of access roads

However there are questions surrounding the highway widening project  for the Bogota-Girardot route. A preliminary investigation is being carried out into the construction partnership handling the $586.3 million road widening work along a 154km stretch of the highway connecting the capital Bogota with Girardot. The investigation is being carried out by the official the industry and trade watchdog (SIC), focussing on the tender process.

Finance & Funding

Related Content

  • Indonesia’s key highway project under construction
    April 6, 2021
    Indonesia’s key Trans-Sumatra highway project is now under construction.
    Read More
  • Eiffage to revamp Paris ring road interchange at Quai d'Ivry
    June 19, 2015
    Eiffage has won a contract to restructure the Quai d’Ivry interchange on the Paris ring road. Eiffage’s Public Works division picked up the €48 million deal within Paris’s 13th arrondissement. The 40-month contract was awarded by Paris’s development agency SEMAPA -- Société d’Etude, de Maitrise d’Ouvrage et d’Aménagement Parisienne. Eiffage said in a statement that the contract involves “every area of expertise offered by the Public Works division, including civil engineering, steel construction an
    Read More
  • Tunnel construction in Italy using breakers
    August 10, 2018
    Hydraulic breakers from Indeco have helped with the excavation of a road tunnel in Italy. The HP 7000 and HP 5000 units from Indeco were used for excavation of a stretch of tunnel where blasting could not be used due to the proximity of live traffic. The Greppoli Tunnel is located between Grosseto and Siena in the section of road near Civitella Paganico on the SGC E 78. The route connects the Tyrrhenia coast with the Adriatic and is a major highway, connecting Grosseto to Fano. The 100m-long Greppoli Tunne
    Read More
  • Bentley’s Be Inspired Awards highlight innovation in software use
    January 6, 2015
    Innovation, from design to on-site execution, is alive and well, thanks to a good helping of software application. David Arminas reports from software developer Bentley’s annual global conference, held this year in London Successful project delivery is increasingly about hard men and women using software to get the job done and this year’s global conference in London by US-based software developer Bentley highlighted some innovative - and startling - examples. As usual, the Year in Infrastructure 2014
    Read More

Highlighted Content