The tender process for the Magdalena River PPP project is planned to start in September 2021, once the Ministry of Finance (MHCP) and the National Planning Department (DNP) approve the future periods.
The project involves the development of a river waterway to connect Barrancabermeja and Bocas de Ceniza in Colombia, with the aim to improve navigability between these two areas. The total investment in the project is estimated at COP1.4 trillion (US4358.18 million), while the concession period will be 15 years.
The authority plans to sign a concession contract by 2022, so construction work could begin at the end of 2022. The construction will take about 4 years to complete and involves the development of 19 functional units, including dredging, docks, mooring issues, and other works.
Country updates
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July 28, 2021
Odinsa provides USD260 million refinancing for Road PPP project in Colombia
Odinsa, the concessionaire for Pacifico 2 road concession, has successfully refinanced the debt for the project. The company signed the credit agreement for US$260 million with Itaú, SMBC,...
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July 28, 2021
I Squared Capital to acquire 77% stake in Port of Barranquilla
I Squared Capital has received approval from Barranquilla Regional Port Society to acquire a 77% stake in the company. Once complete, I Squared will be the majority stakeholder in Port of Barranq...
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July 16, 2021
CFRO announces presentation of environmental impact study for Regiotram de Occidente
The Concesionaria Férrea de Occidente (CFRO) has announced the presentation of environmental impact study (EIA) findings for the Regiotram de Occidente project. The study will be carried o...
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July 12, 2021
Sacyr starts operation of USD210.12 million highway PPP project in Colombia
The National Government of Colombia, through the Ministry of Transportation, headed by the National Infrastructure Agency (ANI), has started the operation of Puerta De Hierro - Palmar de Varela and Ca...
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July 09, 2021
Concession transfer agreement signed for multimillion road PPP project in Colombia
National Infrastructure Agency (ANI) in Colombia has successfully signed and formalized the transfer of the Santana-Mocoa-Neiva project to the Ruta al Sur SAS concessionaire.
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