Toll road financing, Colombia

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Key facts

Client:
Consorcio Autopista Bogota Girardot
Country:
Colombia 
Date:
2008
Halcrow undertook a traffic, income and environment analysis to upgrade the current standard of the busiest road in Colombia

Halcrow has been working in Colombia since 1987, mainly in the maritime, petrochemical and sanitation sectors. We are currently expanding our operation in Colombia as the country’s economic growth begins to accelerate.

The 121km Bogota-Girardot highway is the busiest road in Colombia. It forms part of the corridor which links Bogota, the capital, with Buenaventura, Colombia’s largest seaport through which more than 60 per cent of the country’s trade is moved. The road is currently being turned into a dual carriageway with a 4.1km tunnel being built at Boqueron.

Halcrow was commissioned by the road’s toll operator to assess the dual carriage highway proposal in order to support the concessionaire’s application for bank finance.

The £72,000 contract required us to carry out due diligence reports into traffic and revenue, environmental impact and analysing the potential economic impact of the proposal. We also verified the toll station dimensions.

When the work is completed it is anticipated that it will significantly reduce the number of accidents on the road. Journey times between Bogota and Girardot  should also be cut by 40 minutes.

Related content

  • Highways 

    We have extensive experience in the design and construction of highway schemes

  • Business solutions 

    Halcrow has a long established reputation for providing infrastructure development and management support in response to client demands for innovative and cost-effective business solutions.

  • Colombia 

    Halcrow has been working in Colombia since 1987 mainly in the maritime, petrochemical and sanitation sectors.

Contact details

Sergio Sour

Argentina

t: + 54 11 4311 4911