The Government of Colombia has officially launched two PPP projects in order to improve the national road network.
Each project has launched a Request For Qualifications to select national or international candidates who want to participate in the projects. The RFQ process was opened on 18 April 2013.
The two concessions that were announced are:
1. Cartagena - Barranquilla corridor concession : Public-private partnership consisting of the design, construction, financing, operation and improvement the Cartagena - Barranquilla corridor.
The project is divided in two sections:Source: Contratos Colombia
2. East Cundinamarca bypass concession: Public-private partnership consisting of the design, construction, financing, operation and reversing the East Cundinamarca bypass.
The fundamental purpose of the Project is to develop and promote a north-south arterial road in the eastern sector of Bogotá in order to propose an alternative for mobility in this geographical location.
The total investment for the project will be US$779 million. The term of the concession contract will be 22 years.
Source: Contratos Colombia