Autopistas al Mar 2 road PPP project in Antioquía, Colombia has achieved refinancing and presented the credit contract to the National Infrastructure Agency (ANI) what certifies its financial closure and also guarantees the execution of the works outlined in the concession contract. The refinancing debt package is US$ 654 million, out of which Colombia's development bank Financiera de Desarrollo Nacional (FDN) granted senior debt loan of up to US$ 150 million. Other funding was provided by the participation of China Development Bank with US$ 418 million and Sumitomo Mitsui Banking Corporation with US$ 84 million.

The contracted value of the project is COP 2.57 billion (US$ 900 million). One of the project owners is China Harbor Engineering Company Limited, a subsidiary of China Construction Communications Company, considered the fourth largest company in the world in engineering and construction.  The project is their first in Colombia.

The project's main objective is to generate an interconnection by road between the city of Medellín and the main highway concessions in the country, and connect it with the commercial exchange centers of the Caribbean Coast, the Pacific Coast, as well as with the river Magdalena, reducing travel time between Medellín and Necoclí from eight to four hours. The project will be integrated with roads such as Highway 1 to the Sea, Toyo Tunnel and Pacific Highway 1, 2 and 3 will facilitate foreign trade to and from the Coffee Axis.

Autopistas al Mar 2 includes a total of 254 kilometers, of which 17.7 kilometers is single carriageway, 54 bridges and 19 tunnels including four false tunnels currently being built, as well as works to operate and maintain the entire corridor.

The development entails upgrading a highway section between Cañasgordas and Uramita (28km); constructing a new highway segment between Uramita and Dabeiba (17.7km), while operating and maintaining the existing road connection; upgrading the road linking Dabeiba to Mutatá (53km); rehabilitating the highway linking Mutatá to El Tigre (47km); and operating and maintaining the existing highway between El Tigre and Necoclí (106km), which is situated on the coast of the Gulf of Urabá.