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
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.