Colombian highway projects being agreed

Interest is proving strong in Colombia’s Pamplona-Cucuta 4G motorway project, which is currently undergoing the tender process. The country’s National Infrastructure Agency (ANI) has had three bids so far for the project. The 62km stretch of road will be built in Colombia’s Norte de Santander department. The project is expected to cost in excess of US$515 million. So far ANI’s bids have come from CCA Civil Colombia, the Colombia-based subsidiary of Spanish contractor Sacyr, as well as the consortium Estruct
Finance & Funding / March 22, 2017
Interest is proving strong in Colombia’s Pamplona-Cucuta 4G motorway project, which is currently undergoing the tender process. The country’s National Infrastructure Agency (ANI) has had three bids so far for the project. The 62km stretch of road will be built in Colombia’s Norte de Santander department. The project is expected to cost in excess of US$515 million. So far ANI’s bids have come from CCA Civil Colombia, the Colombia-based subsidiary of Spanish contractor 3959 Sacyr, as well as the consortium Estructura Plural, which comprises Spanish firm 930 Cintra and Israeli company Shikun & Binui.

In addition, the country’s Ministry of Finance is introducing two bills that will assist the expansion of the highway network. One is intended to boost the budget of Colombia’s National Road Institute (2812 Invias). This move is intended to allow Invias to assume control of the Ruta del Sol II road project. Meanwhile the other bill is designed to allow a previous budget surplus of US$343.35 million to be reassigned to road projects.

For more information on companies in this article
catfish1