Colombia approves highway plan funding

Colombia has approved US$13.4 billion in funding for nine highway projects, part of a master plan to revamp and expand Latin America's fourth largest road network. All nine projects are part of the Autopistas para la Prosperidad program, which involves the construction of some 838 kilometres of two-lane highways, 63 kilometres of bridges and 90 kilometres of tunnels. The government also decided to finance directly the construction of Toyo tunnel, ruling out the concession framework for that project.
March 10, 2014 Read time: 2 mins

Colombia has approved US$13.4 billion in funding for nine highway projects, part of a master plan to revamp and expand Latin America's fourth largest road network.

All nine projects are part of the Autopistas para la Prosperidad program, which involves the construction of some 838 kilometres of two-lane highways, 63 kilometres of bridges and 90 kilometres of tunnels.

The government also decided to finance directly the construction of Toyo tunnel, ruling out the concession framework for that project.

"Nine projects have been approved, eight of them will be under a public-private partnership and one will be entirely financed by the state," president Juan Manuel Santos said in a public speech in western Antioquia department.

Conexión Norte, a US$500 million, 146 kilometre highway in north-west Colombia is scheduled to be awarded in the first quarter. In the second quarter, national infrastructure agency ANI will name the winners in the tenders for Conexión Pacífico 1, Río Magdalena 2 and Conexión Pacífico 3, among other projects, for more than US$2.5 billion.

Río Magdalena 1, Autopista al Mar 1 and Autopista al Mar 2 are planned to be awarded in the third quarter for US$2.66 billion.

Colombia plans to award at least 25 highway projects in 2014 under a US$21 billion plan dubbed 4G. 

Related Content

  • US economic stimulus package highlights ITS technology
    July 17, 2012
    US Secretary of Transportation Ray LaHood talks to ITS International about economic stimulus funding and the absolute need to maintain and increase the use of technology in transportation. Of the total of $787 billion of funding announced under the American Recovery and Reinvestment Act (ARRA), the economic stimulus package which was signed into law by US President Barack Obama on 17 February 2009, $48.1 billion will go to the US Department of Transportation (USDOT). Of that, $27.5 billion is for highway in
    Read More
  • Kapsch awarded Toowoomba Second Range Crossing in Queensland
    May 13, 2016
    Kapsch TrafficCom subsidiary Kapsch TrafficCom Australia is to deliver the roadside tolling system for the Toowoomba Second Range Crossing (TSRC) Project in Queensland, Australia. The contract, awarded by the State of Queensland, comprises supply and operation for 10 years of the roadside system for TSRC and is valued at around US$6.6 million (€6 million). Kapsch will deliver its latest tolling technology based on the company’s single gantry multi-lane free-flow platform and next-generation vision te
    Read More
  • Ohio River Bridges East End crossing project opened to traffic
    December 21, 2016
    The Ohio River Bridges East End Crossing, now named the Lewis and Clark Bridge, has opened to traffic to connect SR 265 in Indiana with the Gene Snyder Freeway in Kentucky, marking the substantial completion of the $2.3 billion Louisville Southern Indiana Ohio River Bridges project, which included the Downtown Crossing, now named the Abraham Lincoln Bridge. Parsons was the lead partner in the Community Transportation Solutions joint venture (JV). The JV served as the overall project’s general engineerin
    Read More
  • Consortium wins US$648 million highway project
    May 27, 2015
    I-77 Mobility Partners, a consortium led by Cintra Infraestructuras, a subsidiary of Ferrovial, has finalised a US$648 million contract with the North Carolina Department of Transportation. The group will design and construct 26 miles of toll lanes on Interstate 77 in North Carolina.
    Read More

Highlighted Content