Honduras' public-private partnership promotion agency, Coalianza, has not received bids for the concession of the Western Corridor Highway CA-4, Chamelecon - Naco - La Entrada, under a toll collection system.
A total of four teams were shortlisted for the project, but none of them submitted bids. The four shortlisted teams are the following:
The project is located in the regions of Cortes, Santa Barbara and Copán, in the northwestern area of the Republic of Honduras. It begins in Chamelecón, municipality of San Pedro Sula, region of Cortés, in northern Honduras and gradually moves to the western area of the country to connect with the city of La Entrada, region of Copán.
The project involves the design, build, finance, operation, maintenance, and transfer of the 106.0 kilometer corridor for a period of up to 30 years.
The total project investment is estimated at US$121 million.
In February, Autopistas del Atlántico S. A., a consortium composed by C.I. Grodco of Colombia and PRODECON of Honduras, achieved financial closure of the Touristic corridor highway PPP project in Honduras. The 220 kilometer toll road in northern Honduras connects the cities of San Pedro Sula, La Barca, El Progreso, Tela, and La Ceiba.