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Winners Announced For the Ruta Del Sol Concessions

December 16, 2009

INCA, the Colombian national concessions authority, today announced the results of competitive bidding to construct, operate, and maintain two of the three sectors of the Ruta Del Sol, a limited-access highway that will connect Bogotá, the Magdalena River valley, and the Caribbean coastal cities of Barranquilla and Cartagena.  The massive project, said to be the second largest in Latin America after the Panama Canal, is a leading example (and not the only one) of the scale of the infrastructure activity and project finance deals in Colombia and related foreign investment.

As reported here earlier, all bidders — and now, all concessionaires — are international consortia.   

Sector One was one by the Argentine/Colombian consortium Consorcio Vial Helios (the Sun Highway Consortium). The winning bid is COP 962,075,973,782, or roughly US$481 million.  The consortium consists of Carlos Alberto Solarte (Colombia); Conconcreto SA (Colombia); IECSA SA (Argentina), CSS Builders SA (Colombia).

Sector Two was won by the Spanish/Colombian consortium Estructura Plural Promesa de Sociedad Futura Concesionaria Ruta del Sol S.A.S. (the Future Promise Society Plural Structure Concessionary of the Ruta del Sol SAS), led by the Brazilian firm Odebretch and the Colombian firm Grupo Sarmiento Angulo.  The winning bid was roughly COP 2.1 trillion or US$ 1 billion. 

The third sector had only one bidder, the Chinese/Colombian consortium Union Temporal Concesión RDS (the RDS Temporary Concession Union), consisting of: MNV S.A. (Colombia); Gas Kapital GR SA; China Railway Shisiju Group Corporation (China); Great Ways Investment and Engineering Ltd (Colombia) Inversiones Grandes Vías e Ingeniería Ltda (Colombia).

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2 Comments leave one →
  1. j13 permalink
    April 19, 2010 8:30 pm

    This info is mistaken, the name of the winner is ok, but its shareholder are from one of the loser groups.

    “Sector Two was won by the Spanish/Colombian consortium Estructura Plural Promesa de Sociedad Futura Concesionaria Ruta del Sol S.A.S. (the Future Promise Society Plural Structure Concessionary of the Ruta del Sol SAS), consisting of Obrascon Huarte Lain SA (Spain); CONCAY SA (Colombia); Pavimentos de Colombia SA (Colombia); Aguilar Construcciones SA (Colombia); ICEIN (Colombia). The winning bid was roughly COP 2.1 trillion or US$ 1 billion. “

    • April 19, 2010 9:16 pm

      Thank you. After thorough research, I have verified that the initial information was incorrect, and the correction has been verified and made. Please continue to monitor this site for developments of interest and to contribute to the precision of the work.

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