Contract awarded for USD410.19 million Road network PPP project in Colombia
The Government of Colombia, through the National Infrastructure Agency, awarded the Troncal del Magdalena 2 project to a consortium named Plural Structure Autovía Magdalena Medio, made up of KMA Construcciones SA (50%) and Ortiz Construcciones y Proyectos SA (50%).
The selected firm will be responsible for the development of a 268.4 km road belonging to the Bicentennial Concessions Program, which seeks to build a double carriageway, from Sabana de Torres (Santander) to Curumaní (Cesar). The scope of the project involves the construction of a second lane: 129.3 km and the improvement of the existing lane: 116.2 km. The concession will be for 25 years.
The COP170 billion (US$410.19 million) project intends to improve connectivity between the center and the North Coast of the country. Its construction will also generate 47,947 local jobs.
Country news
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June 17, 2022
Colombia commences operations for USD252.57 million highway PPP project
The National Infrastructure Agency (ANI) in Colombia has announced the completion of construction works for the 198.35 km long Neiva-Espinal-Girardot highway corridor under its 4G infrastructure projects.
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March 30, 2022
Tender issued for USD771 million Waterway PPP project in Colombia
The National Infrastructure Agency (ANI) in Colombia has launched a tender notice seeking a private partner for Canal del Dique project.
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March 14, 2022
Contract awarded for USD445 million highway project in Colombia
National Infrastructure Agency (ANI) in Colombia has awarded the Accesos Norte 2 concession contract to the Plural Route Bogotá North Structure consortium.
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November 23, 2021
Financial close achieved for USD133 million road PPP project in Colombia
Mota Engil and Coherpa-Icein, project owners for the Ibagué-Honda-Cambao-Manizales corridor concession, have secured COP458 billion (US$116.76 million) funding from Bancolombia, IPC, and CAF-AM Ashmore I fund.
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September 07, 2021
Pre-construction phase begins at USD321 million road PPP Project in Colombia
The National Government of Colombia has launched the pre-construction phase of 310 km of the New Malla Vial del Valle del Cauca PPP project.
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