Skip to main content

Strabag consortium wins Colombia highway concession

ANI, Colombia’s national infrastructure agency, has awarded the SAC 4G consortium a US$898 million contract to design, build, finance and operate the 176 km Autopista al Mar 1 motorway over 25 years. The consortium comprises Austrian construction group Strabag, Spain’s Sacyr and Concay of Colombia. The project, in the Department of Antioquia in north-western Colombia and will link Medellín, the capital of Antioquia, with the cities of San Jerónimo and Santa Fe de Antioquia before continuing to Bolombo
July 7, 2015 Read time: 1 min
ANI, Colombia’s national infrastructure agency, has awarded the SAC 4G consortium a US$898 million contract to design, build, finance and operate the 176 km Autopista al Mar 1 motorway over 25 years.

The consortium comprises Austrian construction group 3861 Strabag, Spain’s 6074 Sacyr and Concay of Colombia.

The project, in the Department of Antioquia in north-western Colombia and will link Medellín, the capital of Antioquia, with the cities of San Jerónimo and Santa Fe de Antioquia before continuing to Bolombolo. It includes involves the completion of 75 kilometres of new motorway, the modernisation of a 65 kilometre section and the construction of numerous bridges and tunnels.

Construction is expected to begin in the fourth quarter of 2016 and completion is scheduled within five years. In addition to partial revenues in the form of hard toll collections, the consortium will receive annual payments from ANI for its services.

For more information on companies in this article

Related Content

  • EBRD finances expansion of Dalaman airport
    February 27, 2015
    The European Bank for Reconstruction and Development (EBRD) is financing the construction and operation of a new domestic terminal at Dalaman airport in the south-western Turkish province of Muğla under a public-private partnership (PPP) scheme. The Bank is lending US$196 million to YDA Havalimani Yapim ve Isletme, a special-purpose company set up by the Turkish construction and infrastructure company YDA Insaat, which was awarded the concession contract last year. The funds will be used to build a new ener
  • Bridging the highway travel information gap
    March 14, 2012
    A new traffic management solution is attempting to bridge the gap in information available on freeways and arterial roadways. Andrew Bardin Williams reports. Agencies responsible for national networks of roads around the world have the ability to measure, analyse and disseminate accurate travel information to drivers. Millions of dollars go into data collection infrastructure to collect traffic congestion and travel time information on major freeways or highways. For example, a driver on the I-210 in the Lo
  • Financing agreed for Q-Free Jakarta contract
    July 30, 2013
    Q-Free has confirmed that a loan agreement has been signed between Export Credit Norway and PT Rin Indonesia Jaya, a subsidiary of PT Inovisi Infracom Tbk, for part financing of the contract signed in 2011 for an electronic law enforcement (ELE) project. As part of the financing agreement, PT Inovisi Infracom Tbk has signed a parent company guarantee for the loan. The loan will be released upon initial payment of US$6 million to Q-Free, which will also mark the start-up of the project. The loan from Expor
  • Parsons wins major rail contract
    March 23, 2012
    Parsons has been selected by the Peninsula Corridor Joint Powers Board (PCJPB), which owns and operates Caltrain (the commuter rail line between San Francisco and San Mateo and Santa Clara counties), for design and installation of its $138 million interoperable communications-based overlay signal system positive train control (CBOSS PTC).