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The firm will be responsible for the development of the technical, financial, legal, administrative, operational and environmental issues of the project, which benefits the municipalities of Restrepo, Villavicencio and Cumaral.
The project involves the maintenance of 354 km of roads, the development of a ring road around Villavicencio and the construction of a two-lane road between Ciudad Porfía and Acacias and between Río Ocoa and Apiay. The project also involves the upgrade of the road between Puerto Gaitán and Puente Arimena.
The total project investment is estimated at P$1,26o billion (US$495.5 million).
The project is expected to:
The unsolicited proposal for the project, which was submitted by Grupo Odinsa S.A., was approved by ANI in early June 2014. Later in mid November 2014, ANI approved Girardot - Ibagué - Cajamarca (GICA) highway PPP project (Unsolicited proposal), which was submitted by Colpatria, Mincivil and their partners in the San Rafael concessionaire.
Last month ANI launched a tender process to hire consultants to structure the Charala - Duitama road PPP project. The road project involves the upgrade of a 20 km stretch and the operation and maintenance of the 30 km road between Charala and Duitama.
During this month we have reported about several road PPP projects globally: