The scheme, which is part of the country’s ‘Fourth Generation’ programme of new motorways will be carried out by the Estructura Plural SAC 4G consortium, led by Sacyr Concesiones (60%) and Herdoiza Crespo (40%). The contract has a planned investment of US$1,073m (£688m). Sacyr Concesiones will manage the motorway for 25 years.
The project consists of the construction of a second 80km carriageway between Pasto (capital of Naríño Department) and Rumichaca (on the border with Ecuador). There will be six intersections, 2.6km tunnels and 1.5km of bridges, culverts and viaducts.
The execution of the project will create some 5,500 jobs during the four years of construction
This is the third concession that Sacyr Concesiones has won in Colombia.