Colombia’s road development programme underway

Colombia’s 4G road infrastructure development programme is on track. The financing for 70% of this programme of works is now being secured. Worth some US$15.5 billion in all, the 4G programme is the fourth stage in the country’s plan to redevelop its transport infrastructure. Work commenced on the 4G programme in 2016 and it was originally due for completion in 2021. However, delays have crept into the programme due in part to issues surrounding the Brazilian contractor Odebrecht, which was handling some of
February 1, 2019 Read time: 1 min
Colombia’s 4G road infrastructure development programme is on track. The financing for 70% of this programme of works is now being secured. Worth some US$15.5 billion in all, the 4G programme is the fourth stage in the country’s plan to redevelop its transport infrastructure. Work commenced on the 4G programme in 2016 and it was originally due for completion in 2021. However, delays have crept into the programme due in part to issues surrounding the Brazilian contractor Odebrecht, which was handling some of the works. The firm has been hit with serious allegations over its business dealings both in Brazil and in other countries.

Finance & Funding

Related Content

  • Colombian highway connection being built
    March 27, 2019
    Construction work is well underway for Colombia’s Autopista Mar 1 motorway project. The route is due for completion in 2022, connecting the country’s Caribbean and Pacific coasts through Medellin. The project includes construction of the Tunel de Occidente. A finance package worth US$713 million in the shape of loans from eight banks is helping fund the project. Work is also ongoing for the Conexio Norte routelinking Remedios with Caucasia. This project should be complete by 2021. Meanwhile the Via del Nu
    Read More
  • Colombia road upgrades being planned
    January 25, 2019
    Major upgrades are being planned to Colombia’s road network. A report produced by Colombia's national road institute (Invias) has revealed that just 13.6% of the country’s 7,019km key road network is in very good condition. Of concern is that 17.7% of Colombia’s key road network is in poor condition, with 0.86% in very poor state. Around 33.6% is in good condition and 34.3% is in average condition. The report reveals that Colombia’s Cordoba Department has the worst roads, followed by Ocana Department. Me
    Read More
  • Highways England: new agency with long-term investment strategies
    August 18, 2015
    Highways England, created out of the old Highways Agency, was set up on April 1 to oversee a closer relationship between government client and private contractors. World Highways went to a recent forum in London to hear both sides declare their hopes and challenges. Government reforms are often met with a certain amount of scepticism thanks to years of disillusionment over forgotten ministerial promises. Given that, highway contractors in the UK could have been forgiven if they had raised their eyes skyward
    Read More
  • Romanian road tenders underway
    October 5, 2022
    Romanian road tender processes are now being carried out.
    Read More

Highlighted Content