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

  • Free report asks: can land ‘value capture’ help fund transit projects?
    May 11, 2012
    The Mineta Transportation Institute in the US has released its newest research report, Decision Support Framework for Using Value Capture to Fund Public Transit: Lessons from Project-Specific Analysis. The research investigates the viability of land "value capture" (VC) to help generate revenue for transit provision. Five VC mechanisms are evaluated in depth, including tax increment financing (TIF), special assessment districts (SADs), transit impact fees, joint developments, and air rights. The report incl
    Read More
  • Smart highways market ‘worth US$27,992 million by 2019’
    October 9, 2014
    A new research report by MarketsandMarkets, "Smart Highway Market by Technology (Intelligent Transportation Management, Intelligent Traffic Management, Communication, Monitoring), and by Display (Variable Message Signs, Digital Signage) - Global Forecast to 2019", estimates that the global Smart Highways Market is US$12,564.4 million in 2014 and is expected to grow to US$27,992 million in 2019. This represents an estimated compound annual growth rate (CAGR) of 17.4 per cent from 2014 to 2019. In the cur
    Read More
  • Industry and Local Government Hall of Fame additions
    October 7, 2015
    Bordeaux has added Industry and Local Government names to the ITS Hall of Fame. For Europe the respective nominees are Here and AustriaTech. Location cloud company Here has been recognised for its collaboration with the ITS sector to deliver more efficient, environmentally sound and safer transportation.
    Read More
  • ITS America appoints new technical editor
    April 24, 2013
    ITS America has chosen Dr John Miles as technical editor for a new web-based resource on ITS. With funding from the US Department of Transportation (USDOT), the society plans to publish in mid-2014 in partnership with the World Road Association (PIARC) on the latter’s website.
    Read More

Highlighted Content