John Laing Group has announced that further to its announcement on August 20, 2019 regarding the agreed acquisition of 30% of the Ruta del Cacao road project in Colombia, all relevant approvals have now been obtained and the acquisition completed for a total consideration of GBP 62 million (US$ 79.61 million).

Ruta del Cacao road project involves the development of 236km of road, providing a valuable connection between the cities of Bucaramanga, Barrancabermeja and Yondó in the Santander Department of North-Eastern Colombia.