New Road Concessions in Colombia: Troncal del Magdalena 1 and 2
Puerto Salgar – Barrancabermeja and Sabana de Torres – Curumaní
Between May and June, the National Infrastructure Agency of Colombia awarded the tenders of the fifth generation projects “Troncal del Magdalena 1” and “Troncal del Magdalena 2”. This corridor will complete the works of Sector 2 of the Ruta del Sol, which connects the interior with the Atlantic coast and could become the most important cargo corridor in Colombia.
The consortiums “Estructura Plural del Río Grande” and “Estructura Plural Autovía Magdalena Medio”, both formed by Grupo Ortiz and the Colombian company KMA Construcciones, were awarded the two projects.
ANI estimates that these projects will generate more than 100,000 jobs (direct, indirect and induced) and will reduce travel times for users by almost two hours on each of the two highways.
Both awards cover the EPC -1 year for pre-construction and 4 years for the construction phase- and Operation and Maintenance, with a term of up to 20 years.