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

  • Rapid growth of bus rapid transit schemes on US Pacific coast
    January 27, 2012
    This section pulls together all the multi-modal topics in each issue. Subject matter will include smartcards; ticketing and payment systems; passenger information systems; fleet management for buses, trains and light rail; park and ride systems; on-line access to real-time information via Internet portals
    Read More
  • Confusing funding and financing can be costly
    September 23, 2014
    Tolling may be the way forward for paying for the roads of the future - but where will concessionaires find the money and do they need funding or financing? Increasingly, governments around the world are concluding that they can no longer pay for new roads and are turning to the private sector for help.
    Read More
  • Washington in focus
    May 20, 2012
    For nearly two decades, the highly populated Washington Metropolitan area has experienced unrelenting growth in traffic volumes. Mitigating the concomitant problems resulted in the establishment of the Washington Corridor Initiative and significant local ITS initiatives which are the focus of events, sessions, and tours as an integral part of year’s ITS America Annual Meeting.
    Read More
  • Low-costs solutions to improve pedestrian safety
    May 8, 2015
    David Crawford welcomes low-cost safety initiatives for pedestrians in America. Some 10 people die each week in accidents on crosswalks in the US, that’s more than 10% of all pedestrian fatalities in road traffic incidents - the number of which is running at a five-year high. Ensuring crosswalks are safe is key in supporting the growing enthusiasm for walking as a travel mode. In the last decade of the 20th century, numbers walking to work in the US fell by 26%; while, as recently as 2012, Americans were e
    Read More

Highlighted Content