Colombia's National Infrastructure Agency (ANI) has selected Estructura Plural Cintra- Concesia as the preferred bidder for the Bucaramanga- Barrancabermeja- Yondó road PPP project.
The winning team is composed of Cintra Infraestructuras Colombia SAS (40%); RM Holdings SAS (30%) and MC Victorias Tempranas (30%). The consortium beat out competition from two other shortlisted teams: Infraestructura Vial Para Colombia and Estructura plural SAC 4G.
The project involves the development of a 151.61 km highway that will run through Bucaramanga, Lebrija, Girón, San Vicente de Chucurí, Sabana de Torres, Betulia and Barrancabermeja in Santander, and Yondó in Antioquia. It includes the construction of 2 tunnels and 22 bridges among others.
The total project investment is estimated at P1.68 billion (US$625 million).
The project is part of the second wave of 4G highway projects, which includes a total of 9 concessions, of which two have already been awarded. This second wave includes a total investment of about P11,800 billion (US$4.64 billion). 4G involves the construction of about 8,000 km of roads, including 1,200km of four-lane highways, with the majority of projects to be carried out as PPPs.