Latin America: Colombia unsolicited proposal road soon to be on feasibility stage

14 August 2018 - 12:00 am UTC

Colombian infrastructure agency ANI could award an unsolicited proposal for a 124km road section between El Santuario and Puerto Triunfo as early as next year. The section is part of the Medellín–Bogotá highway, the two main cities in Colombia.

A local consortium named Vías de La Paz presented the proposal that is currently on its prefeasibility stage, according to the central government’s PPP registry, RUAPP.

It’s expected that the proposal will be on its feasibility stage in the next couple of months, which will allow the proponent to start the final construction designs. The feasibility stage could take up to 18 months. 

The project consists on the expansion on the current road section to a dual two-lane carriageway on a design, build, finance, operate and transfer (DBFOT) basis.

From next month, the section will be managed by the public works agency Invias, as the current concession with Devimed, a consortium made of local developers, has expired.

The Santuario and Caño Alegre toll roads, will be under the administration and operation of Invias, while the Devimed consortium maintains the concession for the Medellín-El Santuario highway and the Copacabana toll road. 

According to government figures, traveling by car between Medellín and Puerto Triunfo can take up to four hours, as it is a high traffic road for heavy trucks. With the dual two-lane carriageway this time could be reduced by 40%.