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

  • Cummins first quarter results boosted by accelerating global demand
    May 6, 2021
    Off-road and on-road engine manufacturer Cummins made Q1 revenues of US$6.1bn, a 22% increase on the same quarter in 2020.
    Read More
  • Design contract for Irish motorway
    March 19, 2019
    The design contract for Ireland’s Cork to Limerick motorway connection has now been awarded. The design package is worth €15 million and is being handled jointly by Irish firm JB Barry Transportation, Swedish company Sweco and WSP based in Canada. Building the 100km stretch of the M20 motorway is expected to cost €900 million, including eight major bridges over rivers, 44 smaller bridges over roads and two bridges over rail links. The work would also include building some small river crossings as well as up
    Read More
  • Preparations are underway for a new bridge in Venezuela
    June 25, 2013
    A large bridge project is being planned in Venezuela, with ground investigation leading the way In Venezuela, preparation work is now being carried out for a major new bridge project. The European geotechnical specialist Lankelma is supplying its Combifloat C5 jack-up platform, JUP Sandpiper, to begin work on the ground investigation for the new Puente Nigale (in English: Nigale Bridge) over Lake Maracaibo in Venezuela. The Nigale Bridge will be the second crossing over Venezuela’s largest lake. The link,
    Read More
  • Major Canadian toll road extension project awarded
    May 25, 2012
    A joint venture formed by SNC Lavalin and Cintra Infrastructure will handle the contract to extend Highway 407 in Canada. This US$974.4 million (C$1 billion) deal was awarded by the authorities in Ontario to a joint-venture called the 407 East Development Group General Partnership and is a partnership between Spanish firm Cintra (a subsidiary of Ferrovial) and Canadian company SNC-Lavalin of Canada. The partnership will build, design and maintain Phase 1 of the new Highway 407 East. The construction work is
    Read More

Highlighted Content