Colombia to launch second wave of highway tendersStaff writer ▼ | October 28, 2014
Colombia plans to start launching its second wave of highway tenders, 11 projects for $7.2bn, in November, deputy infrastructure minister Carlos García Montes told the BNamericas 5th South America Infrastructure Summit in Bogotá.
Next month 11 projects for $7.2bn
The largest projects in the pipeline are the 1.5tn-peso Autopista al Mar 1, the 1.57tn-peso Autopista al Mar 2 and the 1.58tn-peso Villavicencio-Yopal highway.
"We expect we can start the tender process in November. We have to remember there are prequalified groups for these projects and we expect to award them in the first quarter of 2015," García told BNamericas at the summit.
The highways are part of a $25bn, 40-project plan to build 8,000km of roads, bridges and tunnels to improve connectivity and competitiveness. ■