Bogota - Girardot Highway

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In August 2016, Estructura Plural Vías A Girardot consortium, a partnership of the Colombian companies Constructora Conconcreto (50%) and the French group Vinci (50%), was awarded the contract to expand, rehabilitate and operate the 144.8-km road between Bogota and Girardot. The project included the construction of the 72.2-km new road connecting Sumapaz Tunnel and Muna, and the operation and maintenance of the existing concession Bogota-Girardot (ID# 3362). Besides Estructura Plural Vías A Girardot, four other bidders took part in the bidding process: Infraestructura Concesionada S.A.S , Concesionario Vías del Desarrollo, OHL Concesiones and Estructura Plural TC Girardot - Bogotá. The bidding criteria was the highest score considering economic offer, technical offer, quality and industry’s support. Project originator Infraestructura Concesionada (Infracon) had a score 80% below the winner. The sponsor created the special purpose company Via 40 Express S.A.S. to lead the project. The 30-year contract was signed in October 2016. The sponsor took over the assets in December 2016. The investment was estimated at US$ 557.3 million (Pesos 1700 billion). In February 2021 Via 40 Express secured 700,000 million pesos (USD 194.7 million) from Credit Agricole Corporate and Investment Bank, MUFG Bank, Ltd. and Banco Santander S.A. in order to finance the Bogotá-Girardot Third Lane Project https://www.carreteras-pa.com/noticias/colombia-proyecto-tercer-carril-bogota-girardot-alcanza-financiacion-por-casi-usd-195-millones/