Malla Vial del Valle del Cauca toll road

active

The project involves the rehabilitation of existing section and the construction of new sections of the Fifth Generation (5G) Malla Vial del Valle del Cauca toll road, located in the departments of Cauca and Valle del Cauca, Colombia. The total length of the project is 319km of which 291km will be rehabilitated and renovated, while new 15.8km of double lane road will be constructed, and other 12.4km of new additional lane will be built as well. The procurement process for the project was launched in April 2020 with 8 bids submitted in February 2021. The losing teams were: Plural Structure of Autopistas Del Valle y Cauca, Plural Structure of Ruta de la Caña, Sociedad Constructora de Colombia Copasa, Plural Structure ACP Prosperidad, Structured Plural Del Valle, Valle del Cauca Road Infrastructure and Sacyr Concesiones Colombia. The special purpose vehicle - Concesionaria Rutas del Valle SAS, is owned by the consortium Plural Structure PRC-MC comprised of Patria Investments with 70%, and Mercantil Colpatria with 30%. The total value of the project is approx. $495 million, which will be financed on a 67:33 debt to equity ratio. Financiera de Desarrollo Nacional (FDN) is providing an 18-year senior loan of $122 million, while the IDB Invest will provide a $100 million peso-denominated debt facility for the concession. The other lenders are Bancolombia and FCP Deuda Infraestructura II Sura - Credicorp Capital. Financial close was achieved on September 6th, 2022. Realfin https://www.ijglobal.com/articles/166916/fc-for-colombias-first-5g-toll-road https://www.semana.com/economia/empresas/articulo/primera-concesion-5g-ya-tiene-la-plata-para-obras-entre-cauca-y-valle-del-cauca/202258/ https://www.ani.gov.co/comienzan-obras-en-el-proyecto-nueva-malla-vial-del-valle-del-cauca-accesos-cali-palmira