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.
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Mobile ticketing specialist secures growth funding
    December 9, 2015
    Mobile ticketing specialist Masabi has announced a US$12 million funding round with investment from leading international public transport operator Keolis, Lepe Partners, MasterCard, and existing investor MMC Ventures. According to Masabi, this latest round, including corporate partners for the first time, marks a step change in the company’s growth and speed to market. The announcement builds on strategic partnerships with MasterCard and Keolis. MasterCard and Masabi are working together to help drive
    Read More
  • Toll road tender announced
    March 18, 2014
    Moscow has announced a tender to build а toll road parallel to Kutuvkosky Prospekt, stretching from Moscow City’s business centre to the Moscow ring road and meet the M1 toll road. Expected to include four lanes of traffic, the US$1.1 billion project will take five to seven years to build, with the contract between the city and the winning tenderer lasting 40 years. The investor will be able to set the road's fare, though within limits prescribed by Moscow authorities. The city's head of construction,
    Read More
  • Econolite buys Western Pacific Signal
    August 3, 2023
    WPS is distributor and integrator of ITS products and solutions in western US
    Read More
  • ITS industry in the US has grown to $48 billion and will expand
    April 17, 2012
    ITS America has released what it says is the most comprehensive study to date on the scope of the ITS industry in the United States and North America. Researchers found intelligent transportation to be a fast growing sector valued at approximately US$48 billion. Results indicate that cities and states with drastically reduced budgets are turning to technology solutions to maximize existing highway capacity.
    Read More

Highlighted Content