Financing found for Colombian key construction contract

Financing has now been secured for a key highway project in Colombia. The project is for the Bogota-Girardot 4G road concession, with a loan from Colombia's national development bank, Financiera de Desarrollo Nacional (FDN), providing the necessary financing.
December 19, 2017 Read time: 1 min

Financing has now been secured for a key highway project in Colombia. The project is for the Bogota-Girardot 4G road concession, with a loan from Colombia's national development bank, Financiera de Desarrollo Nacional (FDN), providing the necessary financing. The US$172.3 million loan is being provided to the Concesion Via 40 Express consortium, which will handle the private initiative project. The consortium comprises Vinci Highways, which holds a 50% share and Constructora Conconcreto andIndustrial Conconcreto, both of which hold 25% shares. The consortium partners will have to meet the necessary due diligence requirements before the loan is finalised. The 145km route will be upgraded and the project also includes building additional lanes along a 65km section from Sibate to the Tunel Sumapaz tunnel.

Finance & Funding

Related Content

  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • Key project for India
    February 15, 2012
    In India a major highway deal has been agreed for a road project in Gujarat worth an estimated US$810.8 million.
    Read More
  • Key French highway upgrade deal for consortium
    March 5, 2012
    The French Government has agreed a highway contract with consortium Atlandes for a section of the A63 autoroute in southwest France.
    Read More
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
    Read More

Highlighted Content