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 plans key road repairs
    August 9, 2012
    Colombia’s Santander Department is to see major investment in repairing and improving its road network. The Colombian Transport Ministry intends to spend US$2.4 billion on a series of road repairs and upgrades. Major highways being improved under the plans include the Curos-Malaga road and the Bucaramanga-Cuestaboba link. The Curos-Malaga road upgrade is expected to cost around $77 million while the Bucaramanga-Cuestaboba improvement project is likely to cost some $43.5 million.
    Read More
  • Kosovo's award-winning green highway construction
    March 20, 2012
    A new highway is proving an economic lifeline for the tiny country of Kosovo – Mike Woof reports. Road projects in Europe rarely meet such widespread public approval and support as the new Route 7 highway being built in the new Balkan state of Kosovo. The first sections of the new road opened to traffic in November 2011, with locals turning out in large numbers to celebrate the event. The official opening was carried out by the country’s prime minister Hashim Thaçi, president Atifete Jahjaga, and members of
    Read More
  • New bridge and road projects underway for Chile
    December 18, 2013
    Strong bids have been received for Chile’s Puente Industrial road bridge project, which will be built in Region VIII. Bidders included Spanish firm OHL as well as Besalco Concesiones-Concesiones Viarias Chile Tres and Sacyr Concesiones Chile. Work on the 2.5km bridge is expected to commence in 2014 and the project will cost some US$170 million to construct, with completion expected in 2017. The deal for the four lane bridge includes building access roads and involves a 30 year concession package. The Puente
    Read More
  • Construction work will start shortly on major Indonesian tollroad
    July 22, 2013
    In Indonesia the country’s government intends to speed up preparations for the massive Trans Sumatra tollroad project. This 2,700km highway link is costing close to US$30 billion and much of the work will be carried out by the state-owned contractor, Hutama Kaya. Construction will commence in late-September 2013 and the project is scheduled to be fully open by 2025. This highway will connect all 10 provinces in Sumatra Island through Aceh-Lampung. Phase one of the project is for the construction of four sec
    Read More

Highlighted Content