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

  • Sydney infrastructure plan revealed
    September 29, 2016
    Work on infrastructure development for the Australian city of Sydney is progressing well, according to a new report into the transport programme. Construction activity for the 10 year plan is running ahead of the original timeline with 11km of new roads having already been built. In all the plan calls for the construction of 61km of new roads. Construction work on the key M12 link is due to commence in 2020. In all the transport development programme is expected to cost US$2.7 billion to carry out, with wor
    Read More
  • Colombia: two proposals to build Santana-Mocoa-Neiva motorway
    May 7, 2015
    The Colombian Vice President, German Vargas Lleras, has announced that two proposals have been received to build the Santana-Mocoa-Neiva motorway. This road has a budget of US$627.22 million is one of the nine initiatives the National Infrastructure Agency (ANI) has included in the second wave of 4G motorway projects. The two companies interested in carrying out the work are Concesionaria Vias del Desarrollo 4 and Infraestructura Vial para Colombia. Concesionaria Vias del Desarrollo 4 consists of C
    Read More
  • Russian roads and bridges being planned
    April 22, 2020
    Russian road and bridge construction and maintenance works are being planned.
    Read More
  • Upgrades planned for key UK link
    July 14, 2014
    Work is now to go ahead on upgrading a key stretch of the A21 road in the UK. Contractor Balfour Beatty will handle the work to widen a stretch of the A21 between Tonbridge and Pembury and also improve the road, with it becoming a dual carriageway. The €87.55 million (£69.7 million) scheme forms part of a plan by the UK Government for a series of road improvements of €30.15 billion (£24 billion) by 2021. Advance work is expected to start in the third quarter of this year with the main construction activity
    Read More

Highlighted Content