Colombian tunnel project moving ahead

The concession package for Colombia’s Toyo Tunnel project will be awarded in the third quarter of 2015. This has been announced by the authorities in Antioquia. The date has been set for September 28th for the concession to be awarded. The project will cost US$530.2 million, with the costs being split between the Medellin Council and the regional government. The 9.8km tunnel will help boost transport and trade between Medellin and Uraba. The regional government has launched a dedicated website with details
May 5, 2015 Read time: 1 min
The concession package for Colombia’s Toyo Tunnel project will be awarded in the third quarter of 2015. This has been announced by the authorities in Antioquia. The date has been set for September 28th for the concession to be awarded. The project will cost US$530.2 million, with the costs being split between the Medellin Council and the regional government. The 9.8km tunnel will help boost transport and trade between Medellin and Uraba. The regional government has launched a dedicated website with details about the project aimed to companies interested in the construction. Proposals will be accepted until the 24th August 2015. Work is expected to commence in October 2016 and the tunnel should be operational in 2022.
Finance & Funding Road Structures

Related Content

  • Colombia: PPP for motorway between Cesar and La Guajira
    March 11, 2015
    In Colombia, the Council of Ministers has given official approval to a fourth public-private partnership (PPP), this time for a motorway between Cesar and La Guajira. The 350km road, costing an estimated US$151 million, will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. The announcement comes Columbia’s National Infrastructure Agency said it will help finance construction of the Toyo tunnel in Antioquia. The tunnel, nearly 10km-long and costing almost $765, wil
    Read More
  • Challenging Colombian tunnel completed
    May 30, 2024
    A tunnel stretch on Colombia’s Santa Fe - Cañasgordas highway is complete – Mauro Nogarin reports
    Read More
  • Columbia kick-starts Antioquia project with Toyo tunnel financing
    January 6, 2015
    Columbia’s National Infrastructure Agency (ANI) will help finance construction of the Toyo tunnel in Antioquia. The tunnel, nearly 10km-long and costing almost US$760, will be part of a new 39km road between Santa Fe de Antioquia and Canasgordas. The central government will contribute $216 million towards the project, the regional government of Antioquia will contribute $337 million and the Medellin government will pitch in with $212 million.
    Read More
  • Colombia’s popular highway tenders
    April 7, 2014
    International interest is strong in tenders opening in Colombia for the construction and management of 1,146km worth of highways. These form part of a package for 10 projects known as Autopistas para la Prosperidad, worth some US$4.75 billion in all. OHL has expressed an interest in the Autopista al Mar 2 and Autopista al Rio Magdalena 1 highway projects, which have been valued at around $1.9 billion.
    Read More

Highlighted Content