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

  • Smoothing the path to reducing traffic pollution
    October 22, 2014
    David Crawford reviews a new approach to traffic smoothing. A key objective for the Californian city of Bakersfield’s upgraded traffic operations centre (TOC), which opened in June 2014, is to help improve living conditions in a region with one of the worst air quality problems in the US. The TOC is speeding up the smoothing of traffic flows by delivering faster and better-informed traffic signal retiming and synchronisation.
    Read More
  • Thailand expands transportation infrastructure
    March 11, 2013
    The Thai government is expanding its current transportation systems with plans for 55 transportation projects worth US$72 billion which are expected to be completed by 2020. Of the US$72 billion, 64 percent will be spent on 31 rail projects, 24 per cent on 13 road projects, 7 per cent for seven water transportation projects, and 4.75 per cent is for four air transportation projects. These projects are designed to make Thailand a crossroads for the ASEAN logistics network, enabling cities in the region to be
    Read More
  • IBTTA: road user charge is the future
    March 16, 2022
    The US government’s cash injection for the nation’s bridges represents a step forward – but IBTTA’s Pat Jones suggests that states need to consider the benefits of road usage charging
    Read More
  • 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
    Read More

Highlighted Content