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

  • Colombia bridges for redesign and repairs
    October 12, 2020
    Two key Colombian bridges are to be redesigned and repaired.
    Read More
  • Colombia sets out major strategy for highway investment
    January 19, 2015
    International interest is strong in Colombia’s infrastructure expansion. Five foreign firms are competing in the country’s 4G road tender process. Fomento de Construcciones y Contratas (FCC), Sinohydro, Sacyr, Tradeco and ICA are amongst the companies competing for 10 contracts worth some US$5.88 billion. The first project opening for tender on 19th May 2015 will be for the Puerta de Hierro-Carreto-Palmar de Varela and Carreto-Cruz del Viso routes. The final tender documents for the 10 projects are being pu
    Read More
  • Costa Rica road projects moving forward - slowly
    July 18, 2017
    Costa Rica is moving ahead with a series of major road projects, but progress is proving slower than anticipated or desired. The Costa Rica Government is struggling to achieve satisfactory progress with its overall road improvement programme. So far the key focus has been on maintaining existing links rather than building and improving road connections. The country’s National Laboratory for Structural Material and Models (Lanamme) has produced a report revealing that 85% of the national roads are in accepta
    Read More
  • Solution found for Colombian tunnel project?
    March 12, 2015
    A solution seems to have been found for Colombia’s long-running La Linea Tunnel project. Work has been delayed on the tunnel for a number of reasons and on a number of occasions, most recently due to funding issues. But previous delays were due to such diverse causes as technical challenges posed by the difficult conditions and a lack of suitable insurance cover. The Colombian Government has come to an agreement with the Segundo Centenario consortium building the tunnel that will see construction activity r
    Read More

Highlighted Content