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.
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