Norway’s plan for road development

Norway is pushing ahead with a comprehensive plan of road development. The country’s state-owned contractor, Nye Veier, plans to commence work on a series of road projects during 2019. In all these projects will be worth more than €2.3 billion (NOK 22 billion). The plans call for 52km of highways to be constructed, with the Tvedestrand to Arendal link being the first to be buit.
March 21, 2019 Read time: 1 min

The complete financing for the Autopista al Mar 1 highway project in Colombia has now been secured. Loans of US$713 million from eight banks, seven of which are international institutions, will pay for the PPP project. Firms involved in the project include the Austrian contractor 945 STRABAG and the Spanish firm 3959 Sacyr, as well as the local company CONCLAY. Construction work is well underway for the project, which is around 30% complete. Once the highway opens for traffic, it will improve transport and trade in Colombia’s Antioquia Department.

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June 29, 2018

Colombian highway projects under development

A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
March 10, 2014

Projects planned for Colombia’s highway connections

From Colombia comes news of a US$13.4 billion funding package that will be directed towards the construction of nine highway projects. This package of works includes construction and concessions for a series of highways, which will be carried out under the PPP model. These include the Conexión Norte, Autopista al Río Magdalena 1, Autopista al Río Magdalena 2, Autopista al Mar 1 and Autopista al Mar 2. They also include the Autopista Conexión Pacífico 1, Autopista Conexión Pacífico 2 and Autopista Conexión P
February 10, 2014

Colombia investing in new highways

Colombia's national infrastructure agency (ANI) has prequalified 10 companies for its US$770 million highway project Autopista al Mar 2. This new route will improve connections in western Antioquia department between Medellín and the Pacific coast, according to Business News Americas. The project is for the operation and maintenance of 176km of highways, as well as the construction of 41 bridges and 19 tunnels. Among the companies prequalified are Spain's Sacyr, Cintra, Acciona and OHL, France's Vinci, and
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