Colombia infrastructure expansion plan underway

Colombia is moving ahead steadily with its 4G road development scheme. According to the Colombian Chamber of Infrastructure (CCI), the Colombian Government has awarded 31 of the 4G projects to date. And of these 31 projects, 21 are being built at present with another eight in the process of securing financing. In all these 21 active projects and the eight close to commencement are worth a total of US$4.37 billion. The Colombian Government hopes that financing will be secured for a further two projects by th
August 22, 2017 Read time: 1 min
Colombia is moving ahead steadily with its 4G road development scheme. According to the Colombian Chamber of Infrastructure (CCI), the Colombian Government has awarded 31 of the 4G projects to date. And of these 31 projects, 21 are being built at present with another eight in the process of securing financing. In all these 21 active projects and the eight close to commencement are worth a total of US$4.37 billion. The Colombian Government hopes that financing will be secured for a further two projects by the end of 2017. However problems with regard to the financial irregularities surrounding the Ruta del Sol II project have yet to be dealt with fully. In addition to the major road projects envisaged by the 4G programme, the CCI is also calling for improvements to Colombia’s tertiary roads however.
Finance & Funding Road Structures

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
  • We're here to help
    July 16, 2012
    Formed at the end of the Cold War, the European Bank for Reconstruction and Development has raised, and loaned, billions to revitalise infrastructure from central Europe to central Asia as Patrick Smith reports One of the highlights of the year for Thomas Maier has been the recent trip to Bratislava, the capital of Slovakia, where history was made. As the Business Group director in charge of the infrastructure sector at the European Bank for Reconstruction and Development (EBRD) he was present when contract
    Read More
  • Colombia to gain access to US$400 million loan from CABEI
    April 27, 2015
    Colombia's finance minister Mauricio Cardenas said the country will gain access to a loan of US$400 million the Central American Bank for Economic Integration (CABEI) for infrastructure projects. Around $200 million will finance 4G motorway concessions. The rest will be used on projects that involve CABEI founding members such as Nicaragua, El Salvador, Costa Rica, Honduras and Guatemala. The announcement was made during the 55th CABEI governors’ assembly in Medellin, Columbia, in April. Colombia has
    Read More
  • Colombia highway construction projects planned
    September 28, 2017
    A series of highway and tunnel projects are planned for Colombia’s Antioquia Department. These new tunnel and highway projects form part of Colombia’s 4G infrastructure development programme. In all 19 tunnel stretches are planned for the eight highways being built in Antioquia as part of the 4G programme. The new highways are providing 28,000 jobs in all and will improve transport connections between Antioquia Department and Colombia’s Atlantic and Pacific coasts.
    Read More

Highlighted Content