Skip to main content

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.

For more information on companies in this article

Related Content

  • Funding required for road projects in Paraguay
    June 13, 2019
    Funding worth US$500 million has still to be secured for road works in Paraguay. A consortium, Rutas del Este consortium, requires the financing to carry out the widening and upgrade work to Ruta 2 and Ruta 7. The work will be carried out under the PPP model, the first time this has been utilised in Paraguay. Rutas del Este comprises the contractors Sacyr and Ocho A. The consortium will operate the highway under a 30 year concession.
  • Ghana-China road deal settled
    January 28, 2019
    The agreement between Ghana and China over a road construction project has been settled. The deal will see Ghana effectively trading bauxite from a mining operation with a Chinese firm, which will build road links in the West African nation. The deal is called the Sinohydro Bauxite Barter Arrangement and has been set up with Ghana’s Government. Ghana will supply the firm with around 5% of its refined bauxite production under the agreement. Construction work is commencing on the first stage of the project,
  • Bolivia highway project awarded to Chinese firm
    June 8, 2018
    A Chinese contractor, Sinohydro, is now commencing a major highway project in Bolivia.
  • Rotenberg’s Mostotrest to fight for $5 billion Russia’s road-building contract
    December 2, 2013
    Interest is strong in one of Russia’s premier projects for road infrastructure - Eugene Gerden reports The State Company Russian Highways (Avtodor) has officially announced a tender for the construction of the sixth - and longest - section of the Moscow - St Petersburg highway. Avtodor is Russia’s leading company in the field of development of national road infrastructure, while this is one of the largest and most controversial projects in Russian road building in recent years. The 6th section of the