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

  • ASECAP report details division of concession risks in EU
    April 1, 2015
    ASECAP, the association of European tolling companies, has published a report which outlines the challenges facing authorities and tolling companies in the European Union in complying with the Directives 2014/23/EU and 2014/24/EU. The new directives come into force in April 2016 and refine and strengthen the definition of a concession and establish procurement rules for contracting authorities in respect of public contracts. One of the key areas in defining a concession is that the concessionaire must b
  • ITSA & IBTTA applaud Infrastructure Act
    November 11, 2021
    $1 trillion legislation is hailed as 'essential step' in modernising US roads and bridges
  • Q-Free increases its stake in Intelight
    March 20, 2015
    Q-Free has increased its stake in US traffic controller supplier, Intelight, with a five year option program which will give shareholders the option to sell shares at closing in 2015 and in five subsequent years valid from 2016. The deal will give Q-Free the opportunity to add some 15 per cent of Intelight shares to its current 10.2 per cent shareholding each year. At end of the five year period, Q-Free has the option to acquire the rest of the shares. The first transaction will be closed during the second
  • IBTTA looks forward to working with new Transportation Secretary
    January 13, 2017
    The International Bridge, Tunnel and Turnpike Association (IBTTA) has welcomed the US Senate Commerce, Science & Transportation Committee’s confirmation of Elaine L. Chao as Secretary of the US Department of Transportation. During the hearing, Chao stated in her opening remarks that a challenge for the nation’s infrastructure is to, “unleash the potential for private investment in our nation’s infrastructure. As we work together to develop the details of President Trump’s infrastructure plan, it is impor