Conconcreto wins road PPP in Colombia

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Conconcreto wins road PPP in Colombia

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Colombia's National Infrastructure Agency (ANI) has awarded the contract for building a third lane on each direction on the Bogotá - Girardot road through a PPP project​ to the team Estructura Plural Vías a Girardot.

The team is formed by Industrial Conconcreto (30%) and Constructora Conconcreto (70%),

As we reported in mid July, five bidders submitted their proposals for the development of the Bogotá-Girardot PPP project, which is a public-private partnership initiated under a private initiative scheme. 

Besides Estructura Plural Vías a Girardot, the bids were submitted by: 

  • Estructura Plural Tercer Carril (the private initiative originator), composed of:
    • Infraestructura Concesionada SAS
    • INFRACON SAS (25%)
    • ICEIN Ingenieros Constructores SAS, (25%)
    • CONALVÍAS Construcciones SAS (25%)
    • Herdoiza Crespo Construcciones Colombia SAS (25%)
  • Concesionario Vías del Desarrollo, formed by:
    • Bentos SAS (75 %) 
    • China Gezhouba Group Company Limited  (25%)
  • OHL Concesiones SAS (100%)
  • Estructura Plural TC Girardot - Bogotá, formed by:
    • Cass Constructores & Cia S.C.A. (50%) 
    • Carlos Alberto Solarte Solarte (50%) 

The Bogotá-Girardot PPP-PI project consists of the addition of a new lane in both directions to the current Bogotá-Girardot highway becoming a six lane highway. The new lane will be implemented from the Sumapaz tunnel to the municipality of Granada, along 67 kilometers. The project also provides for the maintenance and rehabilitation of 154.81 kilometers of existing track.

The estimated investment for development of the project is about COP1.71 trillion (US$572 million).
 
The Bogotá-Girardot PPP-PI project is part of the Private Public Private Partnerships Initiative launched by the Colombia Government to complement the modernization of the country roads. 

List of country news

Country news

  • August 10, 2016

    Terminal Link, PIO announce MOU to develop US$400m Antioquia port

    Terminal Link and Pio S.A. Read more
  • 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$ denominated debt package provided by Sumitomo Mitsui Banking Corporation (SMBC), Banco de Credito del Peru, "Instituto de Crédito Oficial" - ICO (Spain) and Korea Development Bank (KDB). SMBC led the dollar component of the closure, equivalent to US$250, and distributed debt among the other actors. Read more
  • July 26, 2016

    ANI to seek advisors for road projects

    Colombia's National Infrastructure Agency (ANI) has announced the signature of commitments to develop two road project in the region of La Guajira, Colombia. Read more
  • July 21, 2016

    BCIE signs loan for Colombia road concession

    The Central American Bank for Economic Integration (CABEI) has signed a contract with Concesión Alto Magdalena, S.A.S, the project company formed by Mario Alberto Huertas C. (75%) and Constructora Meco S.A. (25 %) to formalize its participation for up to US$136.0 million in a syndicated credit loan for the partial financing of the Honda - Puerto Salgar - Girardot corridor PPP in Colombia. Read more
  • July 18, 2016

    Five bidders for Bogota Irardot road project

    Colombia's National Infrastructure Agency (ANI) has received five proposals during the public hearing held for the development of the Bogotá-Girardot PPP-PI project, which is a public-private partnership initiated under a private initiative scheme.  Read more

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