Valores y Contratos (Valorcon)
Company description
Company details
Participation in projects
Projects as Construction contractor per Country ()
Projects as Construction contractor per Subsector ()
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The company has not participated in any projects.
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Company updates
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April 19, 2018
Cancelled river PPP project in Colombia back in development
The Ministry of Finance of the Government of Colombia has approved the new public-private partnership contract for the Magdalena River project, which was originally awarded in 2014 and cancelled last...
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March 02, 2017
Colombia scraps Odebrecht's Magdalena River Waterway project
This decision comes after Odebrecht failed providing financing for the project. As we reported in late December, Japan-based Sumitomo Mitsui Banking Corp. (SMBC) intended to provide&n...
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December 27, 2016
SMBC to finance Magdalena river PPP
Project company Navelena SAS has achieved financial close for the Magdalena River Waterway PPP project by means of a financing package provided by Japan-based Sumitomo Mitsui Banking Corp. (...
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November 08, 2016
IDEAL and FCC close to join Magdalena river waterway PPP
IDEAL and FCC Americas, part of billionaire Carlos Slim's Carso Group, have declared their interest in taking over a majority stake in a project to improve transport on the Magdalena River in Colombia...
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September 01, 2016
Goldman Sachs to structure financing for Magdalena river PPP
With Goldman Sachs' support, Navalena consortium finally expects to reach the financial close for the project.
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August 03, 2016
Financial close reached for road PPP in Colombia
The debt package include a 40 per cent financing in Colombian Pesos (COP) provided by Bancolombia, Davivienda and Financiera de Desarrollo Nacional (FDN) and a 60 per cent US$ de...
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May 17, 2016
Odebrecht to leave majority stake in Magdalena river PPP in Colombia
This announcement comes after Marcelo Odebrecht resigned as President and Chief Executive Officer (CEO) of the company. After 6 months in detention and given the development...
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April 06, 2016
FC rejected for Magdalena river PPP
The Navelena consortium, which is formed by Odebrecht (87%) and Colombia's Valorcon (13%) recently submitted a financial plan for the project but the Government con...
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February 01, 2016
Financing package for Colombia´s conexion Norte PPP announced
Project financing will be provided by the following banks: Sumitomo Mitsui Banking Corporation, Bancolombia, Davivienda and Financiera de Desarrollo Nacional (FDN).
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October 02, 2015
Financial close for Barranquilla airport PPP
Grupo Aeroportuario del Caribe S.A.S has closed project financing for the Ernesto Cortissoz - Barranquilla International Airport concession in Colombia.
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