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

  • EU releases funds for key TEN-T projects
    November 30, 2012
    The European Commission has launched two Calls for Proposals under the 2012 Trans-European Transport Network (TEN-T) multi-annual and annual programmes, making over US1.5 billion available to finance European transport infrastructure projects in all transport modes – air, rail, road, and maritime/inland waterways – plus logistics and intelligent transport systems, in all EU Member States. Commission Vice President Siim Kallas, responsible for transport, said: "In making this considerable amount of funding a
    Read More
  • Fluor consortium awarded Dutch motorway project
    October 6, 2016
    The 3Angle special purpose company, a consortium of Fluor, 3i Infrastructure and Heijmans Capital has completed the financing of the A27/A1 public private partnership (PPP) project in the Netherlands. The project is valued at more than US$246 million, which includes a 25-year management and maintenance period. 3Angle is responsible for the financing, design, construction, management and maintenance of the reconstruction of the A27 motorway between Utrecht North and the Eemnes Junction, as well as the A1
    Read More
  • Indra leads European autonomous driving project
    November 17, 2016
    Spain-based consulting and technology company Indra is leading a project that will test autonomous driving on European roads, mainly in the metropolitan areas of Lisbon, Madrid and Paris. These are the three largest cities in the Atlantic Core Network Corridor, which comprises roads that are regarded as priorities for developing Europe's transport infrastructure. Spain's Traffic Department, the Polytechnic University of Madrid, Portugal's National Road Safety Authority, the University of Coimbra, the Ped
    Read More
  • Gothenburg’s year of congestion charging
    April 9, 2014
    A year after it went live, Colin Sowman examines the technology used for Gothenburg’s congestion charging system and the effect the scheme has had on commuters. When it comes to long-term planning, the Scandinavians take some beating.The West Swedish Agreement is a case in point. Introduced in 2009, the Agreement runs through to around 2027 and aims to create an attractive, sustainable and growing region, and over that timescale the number of journeys is expected to increase by a third. Therefore the Agreem
    Read More

Highlighted Content