Skip to main content

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.

Related Content

  • Colombia dual carriageways under construction
    October 10, 2016
    Colombia is currently working on major highway projects that will improve transport infrastructure in the country and form part of its 4G programme. The US$616.5 million Rumichaca-Pasto dual carriageway in Narino department will improve Colombia’s transport connections with neighbouring Ecuador, cutting journey times from two hours at present to just one hour. The project is being handled by a consortium, Consorcio SAC 4G and involves improving an 80km road section and building additional lanes for the 74km
  • Colombian road construction projects
    October 28, 2021
    Colombian road construction projects are being delivered.
  • Colombia: New decree allows pension funds to finance 4G projects
    June 25, 2015
    Columbian president Juan Manuel Santos Colombia has said pension fund money could help finance the country’s ambitious 4G motorway projects. Columbia has 35 road projects underway costing more than US$11.7 billion, including the first two 4G tender waves with six public-private partnerships that have already been approved. During a banking convention held in the coastal city of Cartagena in mid-June, Banco Davivienda president Efrain Forero lending capacity studies have been completed for 4GH projects
  • New Colombian road project being planned
    April 23, 2020
    A major new Colombian road project is being planned.