Colombia sets out major strategy for highway investment

International interest is strong in Colombia’s infrastructure expansion. Five foreign firms are competing in the country’s 4G road tender process. Fomento de Construcciones y Contratas (FCC), Sinohydro, Sacyr, Tradeco and ICA are amongst the companies competing for 10 contracts worth some US$5.88 billion. The first project opening for tender on 19th May 2015 will be for the Puerta de Hierro-Carreto-Palmar de Varela and Carreto-Cruz del Viso routes. The final tender documents for the 10 projects are being pu
January 19, 2015 Read time: 2 mins
International interest is strong in Colombia’s infrastructure expansion. Five foreign firms are competing in the country’s 4G road tender process. Fomento de Construcciones y Contratas (4914 FCC), 5544 Sinohydro, 3959 Sacyr, Tradeco and 2765 ICA are amongst the companies competing for 10 contracts worth some US$5.88 billion. The first project opening for tender on 19th May 2015 will be for the Puerta de Hierro-Carreto-Palmar de Varela and Carreto-Cruz del Viso routes. The final tender documents for the 10 projects are being published in January-February 2015. Proposals for the projects will be submitted from 10th April 2015.

Meanwhile the project to build the 35km two-lane road connecting Cajamarca and Ibague will commence during 2015. The project was won by the Gica consortium, which comprises 3215 Constructora Colpatria, Mincivil, HB Estructuras Metalicas, Termotecnica Coindustrial, Latinco and Concesionaria San Rafael. The project will be a PPP worth some $409.5 million and takes the form of a 28 year concession package that includes maintenance, with construction requiring five years. The first stage of this contract is for design of the route, which will include 51 bridges and viaducts. The second stage of the project will be for a further 190km of road between Girardot and Cajamarca. This tender will be launched in 2022. The stretch is currently divided into seven routes and is being run by Concesionaria San Rafael.

But the problems continue however for the troubled La Linea tunnel project. The consortium handling the project, Segundo Centenario, asked for a 13 month extension for it to complete the work. However, does not look as if it will be allowed by Colombia's National Road Institute (Invias). The work should have been completed in November 2014.
Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • Colombia establishing infrastructure action plan
    October 22, 2018
    Colombia is establishing an action plan for its infrastructure programme, focussing on sourcing suitable financing. The country’s national road institute, Invias, is looking for US$659.5 million to carry out a series of 26 road resurfacing projects. Work on these commenced as far back as 2004 but numerous stretches remain incomplete and it will take until 2022 for the surfacing operations to be concluded. Meanwhile another new division will oversee the La Linea Tunnel and Ruta Del Sol II projects. The form
    Read More
  • Colombia bridges for redesign and repairs
    October 12, 2020
    Two key Colombian bridges are to be redesigned and repaired.
    Read More
  • Further delays possible for Colombia tunnel
    July 21, 2016
    Further delays to completion look a possibility for Colombia’s La Linea Tunnel project. A strike by truck drivers meant that supplies of construction materials were halted, adding to previous delays. The country’s National Road Institute (Invias) has stated that work on the tunnel does not look likely to be finished until the first quarter of 2017. The project will only be completed before that date if faster progress can be achieved with the electro-mechanical works currently in hand. Invias has previously
    Read More
  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More

Highlighted Content