Skip to main content

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

  • Colombian government releases funds for road concessions
    September 25, 2013
    The Colombian government is to release funds of US$12.27 billion from the national budget for the Autopistas de la Prosperidad road programme, involving nine road concessions. Concession holders will invest US$7.4 billion into these projects; since monies from tolls will be insufficient to complete all works, the government will inject further funds of US$23.2 billion over the next decade. Ministers have stressed the importance of this road infrastructure and the need to speed up the process. This news
  • Expert calls for high-tech traffic control
    November 29, 2012
    A leading Chinese transportation expert has called for China to develop smart traffic technologies that are more customer-oriented, while boosting greener, safer and more efficient modern transportation in the country. "China's ITS applications should shift their focus to provide more solutions for public transportation in the next decade, and the industry should get a new stimulus by responding to the needs of the market," said Wang Xiaojing, chief engineer at the Research Institute of Highway under the Mi
  • Infrastructure projects to drive the construction industry in Norway
    August 7, 2015
    According to a recent report by Timetric’s Construction Intelligence Center (CIC), Norway’s construction industry will continue to expand over the coming five years, with investment in transport infrastructure projects continuing to drive growth. Under the government’s fourth National Transport Plan (NTP) 2014–2023, a series of infrastructure projects will be launched with an investment of around US$86.5 billion. The Norwegian Ministry of Transport and Communications has proposed total investment in th
  • State of the art ITS technology for Doha tunnel management system
    January 31, 2012
    Husam Musharbash, Traffic Tech Group, talks about tunnel management system implementation on the new route between Doha and the soon-to-open New Doha International Airport. The new Ras Abu Aboud Tunnel in Qatar, which opened to traffic in January of this year, will serve the New Doha International Airport once the latter opens in 2011.