USD 1.14 billion road PPP project to be launched in Colombia
The National Infrastructure Agency (ANI) in Colombia has announced that the 5G Pasto-Popayán highway, which is currently in the structuring process, will be awarded next year. The road will be a part of Fifth Generation or 5G road concessions in Colombia.
The 268 km long project will connect Pasto in Narino departments and Popayán in Cauca department. The road will feature 35 km of double road and 63 km of single road as well as the improvement of 157 km and the rehabilitation of 84 km. The project will also feature 9 km of tunnels.
The development of the project will involve the investment of COP 4500 billion (USD 1.14 billion million) in total. The high investment that the work will demand is due to the fact that said corridor has geological instability.
The track is estimated to save freight vehicles about three hours in addition to enormous logistical costs.
The project is to be launched in the second wave of 5G projects.
The development of Nariño and Cauca departments are a priority for the current government of Colombia and for this reason this project was considered strategic, despite the existing fiscal limitations. "We want to build a future with greater equality through these projects. We are connecting lives with equity and working to bring Colombians closer, " said Manuel Felipe Gutiérrez, President of ANI.
Country news
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April 08, 2020
Fifth-generation road concession launched in Colombia
The first road project of the fifth generation road concessions (5G) announced in Colombia. The selected project is Cali-Palmira access roads in Valle del Cauca region. The National Infrastructure Agency (ANI) has published the preliminary specifications of what will be the first contract for the fifth generation of road concessions (5G).
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March 23, 2020
Progress milestone on US$702m road project in Colombia
The developer of Ruta del Cacao road PPP project in Colombia has announced the completion of 2.2 kilometre La Sorda tunnel. The achievement was celebrated by the ANI, consortium team members and the Governor of Santander.
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March 20, 2020
Sacyr closes $520m financing on road PPP in Colombia
Sacyr Concessions, via the Unión Vial Río Pamplonita concession, has secured the financing of the concession for the Pamplona-Cúcuta divided highway in Colombia for US$ 520 million with eight international and one national financial bodies: JPMorgan Chase Bank, FDN (Financiera de Desarrollo Nacional), Deutsche Bank AG, ICBC (Industrial and Commercial Bank of China), Bank of China, ICO (Instituto de Crédito Oficial de España), MetLife, MUFG Bank and Société Générale.
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February 06, 2020
EOI deadline for waterway PPP project in Colombia
National Infrastructure Agency (ANI) in Colombia has announced the extension of a deadline for EOI proposals for the Navigability of the Magdalena River Public-Private Partnership (PPP) project till March 05, 2020. Until now a total of 40 companies have shown interest in participating in the tender process.
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January 10, 2020
The first regional train concession signed in Colombia
Ministry of Transportation, the Cundinamarca Governorate and the Cundinamarca SAS Regional Railway Company (EFR) in Colombia have signed the first passenger regional train development concession with China Civil Engineering Construction Corporation (CECC).
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