Colombia approves road private initiative

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Colombia approves road private initiative

The Colombian National Infrastructure Agency (ANI) has approved the "Magdalena River highway 1" PPP project as a private initiative.

The project, also called 'Vías del Nus' in the private initiative proposal, will link the regions of Antioquia and the Caribbean. The project means the ninth road private initiative approved by the Government.

This concession, which belongs to Autopistas para la Prosperidad highway package, includes 159 Km, 6 tunnels and 126 bridges. Specifically, the project includes the following:

  • development of a new 9.6 km dual carriageway road between Pradera and Porcesito,
  • development of a new 5.1 km dual carriageway road between Porcesito and Quiebra tunnel,
  • development of two 4.1 km tunnels in Quiebra,
  • development of the 5.5 km Cisneros bypass,
  • maintenance of a 97.4 km road between Bello and Hatillo and between Hatillo and Don Matías, and
  • upgrade of a 35.7 km road between Cisneros and Alto de Dolores.

The total project investment is estimated at US$961.8 million. 

The project is part of the second wave of 4G highway projects, including a total of 9 concessions. This second wave includes a total investment of about P11,800 billion (US$4.64 billion). 4G involves the construction of about 8,000km of roads, including 1,200km of four-lane highways, with the majority of projects to be carried out as PPPs.

During the last 30 days we have reported on the commercial closure of the Sea highway 1 'Autopista al Mar 1′ PPP project and the Santa Ana - Mocoa - Neiva highway PPP project. During the same period a total of  three road PPP projects achieved financial close in the country (Girardot-Puerto SalgarCartagena - Barranquilla and Pacific Connection highway concession 3) and a total of 3 teams submitted final bids for the Sea highway 2  "Autopista al Mar 2".

List of country news

Country news

  • September 15, 2015

    Colombia's ANI awards Neiva - Girardot road concession

    The project involves the development of a road stretching 193 km. Specifically, the preferred bidder will have to: Read more
  • September 17, 2015

    Colombia awards contract to private proposer

    The government of Colombia, through the National Infrastructure Agency (ANI), has awarded the Antioquia - Bolívar road public private partnership (PPP) project to El Condor S.A. Read more
  • September 28, 2015

    China Harbour-led team wins road concession in Colombia

    Colombia's National Infrastructure Agency (ANI) has awarded the Sea highway 2  "Autopista al Mar 2" to a China Harbour-led consortium. Read more
  • 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. Read more
  • October 02, 2015

    Colombia greenlights PPP model for Bogota LRT

    The PPP project was originally proposed by Regiotram, a German rail private operator. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.