Financial closure for New Road Network of Valle del Cauca, Buga – Loboguerrero – Buenaventura Corridor 5G Project

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The National Infrastructure Agency (ANI) has accredited financial closure of value US$976 billion for the New Road Network of Valle del Cauca, Buga – Loboguerrero – Buenaventura Corridor 5G Project.

In this construction phase, work will be carried out in the sectors between Guadalajara de Buga and Mediacanoa, corresponding to functional unit 18, with activities related to the periodic maintenance and upgrading of the dual carriageway. This important initiative will have a concession length of 128 km, with a second carriageway corridor along 116.1 km. The works include the rehabilitation, operation, and maintenance of the existing road. This project will directly benefit residents of the municipalities of Buga, Yotoco, Restrepo, Calima (Darién), La Cumbre, Dagua, and Buenaventura.

This 5G initiative has an investment of US$5.3 billion and corresponds to the final section of the Bogotá–Buenaventura dual carriageway corridor. The Unión Vial Camino del Pacífico Concessionaire invested more than COP 14,000 million (US$ 3.4 million). The works include slope stabilization, the construction of two short tunnels, totaling approximately 1.4 km, and the change of electromechanical equipment in the seventeen existing tunnels, whose consolidated length is 9.3 km. It also includes the rehabilitation of 15 km of the Simón Bolívar highway, the national pass through Buenaventura, the upgrading of 155 km of existing road, the improvement of 33.7 km, and the construction of 35 km of new road (second carriageway). The project also includes the maintenance and operation of 244 km.

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