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Colombia dual carriageway concession awarded
A key Colombian dual carriageway concession has been awarded.
Road Structures / January 29, 2021 1 minute 10 seconds Read
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A key Colombian highway concession package has been awarded – image courtesy of © Indos82, Dreamstime.com
The contract for the construction, operation and maintenance of Colombia’s Doble Calzada Oriente (DCO) dual carriageway has now been awarded. The concession package will be handled jointly by three firms, Conconcreto, Castro Tcherassi and Procopal. The companies have stakes of 60%, 30% and 10% in the package respectively.
The project is being handled under the PPP model and building the new dual carriageway link is expected to take 36 months to complete at an estimated cost of US$146.2 million. The 13.7km dual carriageway section will link the Aburra Valley with Jose Maria Cordova Airport. The airport is one of two serving the city of Medellin and handles int ....

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