Three bidders present offers in Colombia's latest 4G road auction
Colombia's infrastructure agency ANI receives offers from Chinese, Israeli and Spanish developers for the $515m highway concession
Three bidders have presented offers for the
Cucuta-Pamplona highway concession in Colombia, the latest
auction in the third round of the 4G infrastructure
The national infrastructure agency ANI said it
received proposals from a team comprising Spain's Cintra and
Israel's Shikun & Binui, along with a competing offer from
the local civil engineering division of China Constriction
America (CCA) and another from Spain's Sacyr.
ANI puts the estimated project costs for the 170km
road above COP1.5tn ($515m).
Sacyr has stakes in three 4G projects –
the COP2.24tn Autopista al Mar 1, the COP2.32tn Pasto-Rumichaca
highway and the COP1.24tn Puerto de Hierro-Cruz del Viso
Shikun & Binui
owns half of the COP1.65tn Corredor Via Perimetral del
Oriente de Cundinamarca, which reached
financial close in May last year. Cintra has 40% of the
Ruta del Cacao concessionaire, which is developing the
COP2.79tn Bucaramanga-Barrancabermeja-Yondo toll road.