Odinsa’s PPP proposal with Invias for 1,768km of Colombia’s roads

Colombian construction firm Odinsa is looking to become one of the country's major concession operators. The ambitious company has put forward a new proposal for a public-private partnership for the repair and maintenance of 1,768km of roads that are the responsibility of Invias. The US$409.83 million (COP 750bn) Odinsa proposal seeks to repair 48% of the roads in the next two years, for which the company will use revenue from 20 out of the 35 Invias tolls that it manages. Works would be contracted with thi
May 10, 2013 Read time: 1 min
Colombian construction firm 3214 Odinsa is looking to become one of the country's major concession operators.

The ambitious company has put forward a new proposal for a public-private partnership for the repair and maintenance of 1,768km of roads that are the responsibility of 2812 Invias. The US$409.83 million (COP 750bn) Odinsa proposal seeks to repair 48% of the roads in the next two years, for which the company will use revenue from 20 out of the 35 Invias tolls that it manages. Works would be contracted with third parties, including signalling and bridge maintenance. Currently, the firm operates five concessions in Colombia.

For more information on companies in this article

Related Content

April 24, 2013

Invias to invest US$247.62mn in Colombian road infrastructure in 2013

Colombia’s road administration body Instituto Nacional de Vias (Invias) will carry out investments of around US$247.62 million (COP 455bn) in infrastructure projects in 2013. Some of the Invias projects include the construction of several roads, such as Tumaco-Pasto-Mocoa, with an investment of $40.81 million (COP 75bn), San Miguel-Santana with an investment of $16.32 million (COP 30bn), and Popayan-La Plata, at a cost of $10.88 million (COP 20bn). Furthermore, Invias will also invest $69.66 million (COP 12
December 5, 2013

Colombia’s infrastructure development

Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
June 20, 2016

Colombia road tolling contract

DEVISAB recently awarded a major contract to modernise the control centre and renew three toll plazas on a highway linking the municipality of Chia with Girardot and Soacha, west of capital Bogota Indra already has a strong position in the Colombian infrastructure and transport industry. The firm operates flagship projects such as the Bogota-Villavicencio divided highway and the Medellin urban mobility system The contract is to renovate the technology used at three toll plazas and a control centre fo
boombox1

Highlighted Content

boombox2