Autopista Conexion Pacifico 2

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In May 2014, Consorcio P.S.F. Concesion La Pintada, a partnership of Grupo Odinsa (Colombia, 25%), Mincivil (Colombia, 21.15%), Construcciones El Condor (Colombia, 21.15%), Termotecnica Coindustrial (Colombia, 13.5%), ICEIN SAS (Colombia, 9.20%) and Mota Engil Engenharia e Construcao (Portugal, 10%), won in a competitive bidding the right to expand, rehabilitate and operate the 98 km of the Autopista Conexion Pacifico 2 highway connecting the cities of Bolombolo - La Pintada - Primavera. The bidding criteria was the lowest funding to be provided by the government. Only Consorcio P.S.F. Concesion La Pintada bid for the project. Conexion Pacífico 1's request was US$ 251.6 million, or 55.2% of the project costs. The investment was estimated at US$ 455.4 million. The 25-year concession contract was signed in September 2014. The sponsors created the company Concesion La Pintada S.A. to lead the project. In October 2015, the project was granted a US$ 312.4 million loan from Itau-Unibanco.