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The Colombian National Infrastructure Agency (ANI) has awarded the Puerta de Hierro - Carreto - Palmar de Varela & Carreto - Cruz del Viso Highway PPP project to a Sacyr Concesiones-led team
The team beat out competition from three other shortlisted consortia:
The project involves the upgrade of a 202 km road with construction estimated to take three years. The project comprises, among others, the road upgrade, route improvement, Carmen de Bolivar bypass and junction Route del Sol Sector 3.
The total project investment is estimated at P450 billion pesos (US$182 million).
The project is part of the second wave of 4G highway projects, which includes a total of 9 concessions. This second wave includes a total investment of about P11,800 billion (US$4.64 billion). 4G involves the construction of about 8,000km of roads, including 1,200km of four-lane highways, with the majority of projects to be carried out as PPPs.
In December 2014 ANI published the project's tender documents. At that time the agency also published tender documents for three other road projects, which are also part of the second wave of 4G highway projects: