KMA Construcciones to deliver Ruta Caribe 2 PPP

KMA Construcciones to deliver Ruta Caribe 2 PPP

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The Colombian government has awarded to the consortium led by KMA Construcciones the Ruta Caribe 2 PPP Project (Caribbean Route 2).

The winner consortium is formed by construction firms KMA Construcciones S.A.  (50%), Spain-based  Ortiz Construcciones y Proyectos S.A. (30%) and Obresca SAS (20%).

The Ruta Caribe 2 Highway, with an estimated investment of COP1.44 trillion (US$486 million), will operate around 250 Km of roads. The project contemplates the construction of 100.5 kilometers of dual carriageway, 23.27 kilometers in by-passes, two bridges and six junctions.

The following populations will benefit from this PPP: Baranoa, Campeche, Sabanalarga and Luruaco, in the department of Atlántico; and Santa Catalina, Bayunca, Cruz del Viso and Arjona, in Bolívar.

As we informed,  in late November, the Vice President Germán Vargas Lleras informed that the Council of Ministers and the National Council of Economic and Social Policy (Conpes) approved the Ruta Caribe 2 (Caribbean Route 2).

The project is part of the 4G highway projects. With Ruta Caribe 2 there are already 12 PPPs that are underway: Ibagué - Cajamarca, Malla Vial del Meta or Chirajara - Villavicencio, among others.

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