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

  • Visteon to sell its automotive lighting business to Varroc Group of India
    March 22, 2012
    Visteon Corporation has announced that it has agreed to sell its automotive lighting business to Varroc Group, a global provider of automotive parts headquartered in India, for US$92 million in cash. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed in the third quarter of 2012. The business to be sold encompasses a wide range of exterior lighting products supplied to global vehicle manufacturers, including front and rear lighting systems, auxiliary la
  • Q-Free expands technology offering with acquisition of TCS
    January 2, 2013
    Norwegian-headquartered tolling specialist Q-Free is to acquire 100 per cent of the shares of TCS International (TCS). Established more than ten years ago, TCS has fifteen employees, with offices in Boston, US, and a subsidiary in Toronto, Canada. The company provides advanced transportation management systems (ATMS), specialising in intelligent parking guidance and management systems. TCS offers consulting solutions and systems design for a wide range of clients including cities, transportation organisati
  • Ameresco modernises Chicago streetlights 
    February 18, 2022
    Chicago is expected to save $100m in costs throughout the next ten years 
  • MoDOT seeks proposals for 'smart highways'
    September 14, 2016
    As a part of its Road to Tomorrow initiative, the Missouri Department of Transportation is seeking proposals for a pilot project to incorporate innovative technology into a Missouri roadway that potentially could generate new revenue streams for transportation. The project will evaluate if ‘smart pavement’ can make roads sustainably self-funded by providing value-added wireless services to support mobile connectivity and next-generation electric, connected and autonomous vehicles. Proposals are due on