Financing being secured for Colombian highway project

The finance package required for Colombia’s Popayan-Santander de Quilichao highway project is being secured. The highway forms part of Colombia’s fourth generation (4G) motorway plan. Costing US$692.5 million, the necessary financing should be in place by July 2019. The work includes building 78km of dual carriageway and no less than 31 bridges. It also includes improving 18km of single carriageway roads and also installing two new toll booths. The construction work is expected to take a further 36 months t
June 24, 2019 Read time: 1 min

The finance package required for Colombia’s Popayan-Santander de Quilichao highway project is being secured. The highway forms part of Colombia’s fourth generation (4G) motorway plan. Costing US$692.5 million, the necessary financing should be in place by July 2019. The work includes building 78km of dual carriageway and no less than 31 bridges. It also includes improving 18km of single carriageway roads and also installing two new toll booths. The construction work is expected to take a further 36 months to complete.

Finance & Funding

Related Content

  • Colombia bridge connection completion
    December 15, 2017
    A key bridge connection project has now been completed in Colombia. The work forms part of the construction activity on the Magangue to La Bodega route. The new link connects the 1km long Santa Lucia Bridge with the 2.3km long Roncador Bridge, the latter being the longest bridge in Colombia and the fifth longest in Latin America.
    Read More
  • Highway work boost in North Africa
    August 21, 2012
    North Africa is seeing construction business return - Mike Woof reports After a troubled period, stability looks to be returning to North African nations, which can only be good for the road construction sector. First Tunisia, then Egypt and finally Libya saw tumultuous revolts against the previous autocratic (and in one case at least, despotic) rulers. All three nations are now benefiting from a return to stability, with economic growth also improving once more.
    Read More
  • Colombia: nine 4G PPPs to receive financing this year
    March 18, 2016
    Colombia’s minister of transport Natalia Abello Vives has announced that nine 4G public private partnership projects will receive financing this year. Final financing for the Puerta de Hierro-Cruz del Visola road, part of the second wave of 4G projects, will be on June 14, with work to be carried out by Spanish construction firm Sacyr. Construcciones El Condor will carry out the Antioquia-Bolivar and Cesar-Guajira road projects which will also receive financing this year. Other projects include the
    Read More
  • Chinese highway projects being planned
    January 3, 2019
    A number of major road and bridge projects are now commencing in China. In Sichuan Province an environmental impact assessment report is being carried out for the Jigzhi-Barkam highway project. Work is starting shortly on the highway, which will stretch 224km and is expected to cost US$4.3 billion to construct. The report is being carried out by the province’s Ecology and Environment Agency. This new highway will provide many challenges to construction due to the topography of the route and will feature 190
    Read More

Highlighted Content