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

  • Brazil: Dnit proposes suspending 61 projects due to lack of funds
    May 9, 2016
    Brazil's national department of transport infrastructure, Dnit, has approved a proposal to suspend work on 29 road projects across 12 states. The approval comes after severe budget cuts this year and the number of affected works could increase to 61. Dnit noted, however, that no work will be immediately stopped and that current contracts will be maintained. The proposal will now go before the Ministry of Transport and Planning and the Office of the Chief of Staff before it can receive final approva
    Read More
  • Peru plan positive
    March 5, 2012
    Peru's Callejon de Huaylas-Chacas-San Luis road is to be improved and upgraded in a deal worth US$145 million. The road lies in the Ancash region and will be upgraded over a 99km stretch under the plan. The improvement work will be carried out by the Brazilian contractor Odebrecht, which is already active in the Peruvian market. This road upgrade forms part of Peru's plan to boost its transport links and help develop the economy.
    Read More
  • Serbia road project, funding secured
    February 19, 2019
    Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been
    Read More
  • Developing Brazil's transport infrastructure
    February 16, 2012
    The IRF and ABCR spoke with World Highways about the upcoming 7th Brazilian Congress on Highways and Concessions event
    Read More

Highlighted Content