Colombia to study PPP road proposals

Colombia's finance ministry is to study two unsolicited road public-private partnership (PPP) proposals received from Grupo Odinsa and Colpaitra. The first project, proposed by Grupo Odinsa, costs around US$55 million and involves the construction of Villavicencio city's beltway and four-lane roads between Ciudad Porfía and Acacias and between Ocoa river and Apiay, all in Meta department. The second project was proposed by Colpaitra and entails the expansion of a 35km stretch of road between Ibagué a
September 29, 2014 Read time: 1 min
Colombia's finance ministry is to study two unsolicited road public-private partnership (PPP) proposals received from Grupo Odinsa and Colpaitra.

The first project, proposed by Grupo Odinsa, costs around US$55 million and involves the construction of Villavicencio city's beltway and four-lane roads between Ciudad Porfía and Acacias and between Ocoa river and Apiay, all in Meta department.

The second project was proposed by Colpaitra and entails the expansion of a 35km stretch of road between Ibagué and Cajamarca cities, in the centre-west of the country, at a cost of US$59 million.

Once approved, the tenders for the projects would be issued by national infrastructure agency ANI.

Related Content

  • New Mersey crossing ends Halton’s congestion misery
    December 5, 2017
    Plagued by intolerable congestion but denied government funding for its solution, tiny Halton Borough Council relentlessly pursued its vision and achieved what many believed impossible. Halton may be a small local authority in north west England, but it had a big traffic problem. However, as the road, or more particularly the bridge, involved was not deemed a strategic route, central government would not commission or even fund a solution - a problem that many other local authorities will recognise.
    Read More
  • Aselsan experiences surge in traffic projects
    October 7, 2015
    Turkish exhibitor Aselsan has enjoyed a recent boom in Traffic Systems projects. The company is participating in all of the country’s recent public-private partnership (PPP) highway construction projects as the electronic toll system supplier. It is involved in three prestigious PPP projects. The İstanbul-İzmir highway involves a 500 km highway plus the İzmit Bay Bridge, one of the world’s longest span bridges. The northern part of the highway is set for operation by the end of this year.
    Read More
  • FDOT to rebuild major segment of I-4
    September 10, 2014
    US transportation secretary Anthony Foxx has announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan of US$950 million to help pay for the reconstruction and widening of 21 miles of Interstate 4 in metropolitan Orlando, Florida. This is the largest loan the Department has awarded to a public-private partnership (P3). When completed, the project will relieve congestion in one of the country's most heavily-travelled areas. Known as the I-4 Ultimate, the project is part of the 54-y
    Read More
  • Consortium to build Finnish motorway
    March 4, 2015
    The Finnish Transport Agency has appointed a consortium of Meridiam Infrastructure and YIT Rakennus as the service provider which will build the E18 Hamina–Vaalimaa motorway in Finland on a public-private partnership (PPP) basis. Construction will commence in autumn 2015 and the entire motorway is estimated to be completed in 2018. The consortium will be responsible for financing of the project, as well as planning, construction and maintenance for a period of 20 years. The E18 Hamina–Vaalimaa project compr
    Read More

Highlighted Content