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 year.
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April 12, 2018
US$470 million 4G road project in Colombia reaches financial close
APP GICA S.A. has obtained the financing necessary to achieve financial close of the Girardot-Ibagué-Cajamarca (GICA) road PPP project. APP GICA was created by Constructora Colpatria, Mincivil, Termotécnica Coindustrial, Latinco and HB Estructuras Metálicas after they were awarded the concession contract in 2015.
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April 10, 2018
RFEOI launched for multi-billion metro PPP in Bogotá
The state-owned Bogotá Metro Company (EMB - Empresa Metro de Bogotá) and Financiera de Desarrollo Nacional (FDN), Colombia's development finance institution, have issued a Request for Expressions of Interest to parties interested in participating in the tender process to select a suitable partner to take responsibility for the preliminary studies, design, financing, construction, procurement, testing, commissioning, operation and maintenance of the first section of Line 1 of the Bogotá Metro.
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February 12, 2018
InfraRed to acquire 50% stake in Colombian road concession
InfraRed has signed a purchase and sale agreement to secure a 50% interest in the Ruta Al Mar concession, a 34-year concession for the design, construction, finance, operations and maintenance of a toll road project in Colombia.
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February 06, 2018
US$560 million financial close for Colombian road PPP
The Bogotá-Villavicencio road concession has reached financial close with a financing package of COP1.6 trillion (US$562.86 million). The project involves the operation and maintenance of the existing 85.6km road linking Bogotá, the capital city of Colombia, to Villavicencio, to the south-east, in the department of Meta, and the construction of a 22.6km dual carriageway.
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January 11, 2018
ACS sells US$2.4 billion road concessions in Colombia
ACS has closed the sale of their stakes in two motorways in Colombia to their partner in both projects, Colombia-based Corporación Financiera Colombiana (Corficolombiana), operating through its subsidiary Episol. The roads concerned are the Conexión Pacífico 1 (Pacific Connection 1), to the south-west of Medellín, and the Mulaló-Loboguerrero motorway.
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