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

  • NSW commits major funds to roads and maritime in 2013-2014 state budget
    June 20, 2013
    The New South Wales (NSW) Government will invest US$4.7 billion to build and maintain critical road and maritime infrastructure across the state in the 2013-2014 state budget, providing for new roads infrastructure, maintenance and road safety. Roads minister Duncan Gay says this new infrastructure fund, Restart NSW, will support the WestConnex Motorway, WestConnex enabling works in the Port Botany and Sydney Airport Precinct, the Pacific and Princes highways, Bridges for the Bush, and addressing congestion
    Read More
  • Adaptive traffic control drives financial benefits
    July 24, 2012
    Prof. Klaus Banse, President of ITS Colombia and Ing. Robert Miranda, Head of the Traffic Management and Control System of Cartagena de Indias, Columbia, outline early cost benefits of an adaptive traffic control system. At the beginning of this year, Cartagena de Indias, located on the north coast of Colombia in the Caribbean, implemented a new adaptive traffic control system on 52 intersections with an investment of US$4.5 million.
    Read More
  • Elon Musk’s underground movement
    August 3, 2020
    The Boring Company is building tunnels under various US cities – but for what? Kristina Smith delves deep into a project which may (eventually) have real appeal for mass transit providers and transportation agencies
    Read More
  • ITS boosts safety on Brazil’s Regis Bittencourt Highway
    October 5, 2016
    Brazil’s incident-prone Regis Bittencourt Highway was once known as ‘the highway of death’ but investment in ITS systems has brought about some big improvements, as Mauro Nogarin discovers Between 2010 and the end of 2014, Brazil made major investments in traffic technology across its national highways with the result that the ITS network went from 4,963km of fibre optics to 8,524km and the number of cameras increased from 1,127 to 3,208.
    Read More

Highlighted Content