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

  • Colombia construction contract for Spanish firm
    July 11, 2017
    Spanish contractor Sacyr Concesiones will carry out construction of Colombia’s new Cucuta-Pamplona road connection in a deal worth US$485.5 million. This particular road project is of key national importance as it will improve Colombia’s connections with neighbouring Venezuela and Ecuador. The project forms of Colombia’s key 4G road development programme and the package of works was awarded by the National Infrastructure Agency (ANI).
    Read More
  • Colombia contract won by consortium
    July 28, 2015
    Colombia’s National Infrastructure Agency (ANI), has awarded a consortium led by Spanish construction firm, Sacyr, a contract for work on the Pasto to Rumichaca highway. The route lies near Colombia’s border with Ecuador. This project forms part of the second wave of 4G road concessions being awarded. A second carriageway will be built for 80km between Ipiales and Catumbuco, with six road intersections, 2.6km of tunnels and 1.5km of bridges, pontoons and viaducts. The SAC 4G consortium comprises Sacyr and H
    Read More
  • 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
    Read More
  • Colombian highway projects being agreed
    March 22, 2017
    Interest is proving strong in Colombia’s Pamplona-Cucuta 4G motorway project, which is currently undergoing the tender process. The country’s National Infrastructure Agency (ANI) has had three bids so far for the project. The 62km stretch of road will be built in Colombia’s Norte de Santander department. The project is expected to cost in excess of US$515 million. So far ANI’s bids have come from CCA Civil Colombia, the Colombia-based subsidiary of Spanish contractor Sacyr, as well as the consortium Estruct
    Read More

Highlighted Content