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: Cesar-Guajira road project awarded to El Condor
    May 15, 2015
    The Colombian government has awarded the contract for construction of the Cesar-Guajira road to Construcciones El Condor, sole bidder for the work. The deal is a US$165 million public-private partnership (PPP) aiming to improve connectivity with the country’s Caribbean coastal departments. The 350km road will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. Colombian Vice President, German Vargas Lleras, said five projects have been approved under the PPP sc
    Read More
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin
    Read More
  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for
    Read More
  • Lithuania highway rebuild project planned
    November 18, 2019
    Lithuania highway rebuild project planned
    Read More

Highlighted Content