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

  • Work on Serbia’s Corridor 10 highway is on track
    April 3, 2014
    In Serbia work on the Corridor 10 highway looks set to be completed as planned in 2016. Serbian roads company, Koridori Srbije, says that that the Corridor 10 motorway should be completed by the middle of 2016. The World Bank (WB) mission visited building sites on Corridor 10 and said that considerable progress has been made, with an additional 23% of works having been carried out in the last 18 month period. In 2014 alone, 50km of the route will be completed. Work is being carried out on 238 bridges, out o
    Read More
  • International interest strong for Vietnam expressway project
    July 2, 2019
    International interest is said to be strong in the tenders for sections of Vietnam’s massive North-South Expressway project. Japanese and Chinese firms have submitted bids for the eight sections of the route now open for tender. In all the expressway will measure some 2,100km in length. The first phase of the project is for 654km of the route with this work being handled in eight separate sections. These contracts will all be handled under the PPP model. The Vietnamese Government will manage a further three
    Read More
  • Turkish bridge project to reopen for bids
    March 23, 2012
    The Turkish Government is planning to restart the tender process for the third Bosphorus Bridge project in April. This will be the second tender process for the project, with the first having been cancelled on January 10th of this year due to a lack of bidders.
    Read More
  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
    Read More

Highlighted Content