Companies

Ecopetrol Unveils US$3.8 Billion Bid for 51% of Medellin-Based Electric Power Giant ISA

Medellin Herald January 27, 2021

Colombia’s mostly state-owned Ecopetrol oil company announced January 27 that it’s making a bid worth an estimated US$3.8 billion for the Colombian government’s existing 51% share stake in Medellin-based multinational electric power transmission giant ISA. The bid, if successful, would help

Companies

Sura, Axa, SBS, Mapfre Payments Net EPM US$1.1 Billion in Hidroituango Insurance Claims

Medellin Herald January 24, 2021

Medellin-based electric power giant EPM announced last night (December 23) that in addition to the US$983.4 million (COP$3.84 trillion) that project insurer Mapfre is paying for Hidroituango hydroelectric-project damages, Medellin-based insurance giant Sura just paid an additional US$100.6 million for “civil director” claims also arising from a 2018 diversion-tunnel

Other Norms

‘Pico y Cedula’ Shopping Restrictions Extended Through January 26

Medellin Herald January 20, 2021

Antioquia Governor Anibal Gaviria announced last night (January 19) that “pico y cedula” shopping restrictions will hit the entire Medellin metro area (including “Oriente”) starting the first minute of Thursday, January 21, until midnight Tuesday, January 26. In addition, curfews will be imposed from 10 pm today (Wednesday) until 5 am daily through January 26. […]

Infrastructure

‘Doble Calzada Oriente’ Highway Wins Construction OK; New Link Between Medellin, Booming Eastern Municipalities

Medellin Herald January 20, 2021

The long-awaited “doble calzada oriente” (DCO) four-lane divided highway between Medellin’s “Las Palmas” eastern highway and the Jose Maria Cordova (JMC) international airport just won a final approval from the Antioquia departmental government. As a result, construction on the COP$926 billion (US$265 million), 13.7-kilometers-long project will start this

Health & Insurance.

Colombia Adding 71,000 More Covid-19 Vaccination Specialists; Antioquia Gets 8,600

Medellin Herald January 15, 2021

Colombia Health Minister Fernando Ruiz announced last night (January 14) that another 71,473 vaccination specialists soon will join the existing 7,000 nationally qualified Covid-19 vaccinators via a new training program that starts today. The “Management of Vaccination Against Covid-19 in Colombia” course now underway with Colombia’s SENA training institute includes

Health & Insurance.

Colombia Updates Covid-19 Monthly Vaccination Schedule; U.S. Demands Infection Tests for All Colombian Passenger Arrivals

Medellin Herald January 13, 2021

Colombia Health Minister Fernando Ruiz revealed last night (January 12) that the first 850,000 people here to get Covid-19 vaccinations will get their shots in February.  Assuming compliance with projected delivery and distribution schedules, the tentative vaccination plan includes: February: 850,000 people vaccinated.March: 3,862,900.April: 1,800,000.May: 7,968,900.June:

Companies

Update: US$2.85 Billion Hidroituango ‘Conciliation’ Fails, EPM Asks for Medellin Administrative Court to Assume Lawsuit Proceeding

Medellin Herald January 9, 2021

Medellin-based electric power giant EPM announced this morning (January 13) that it has petitioned an Antioquia Administrative Court in Medellin to assume jurisdiction over its COP$9.9 trillion (US$2.85 billion) lawsuit against Hidroituango construction contractors. The petition to the Court follows the failure last week of a “conciliation” procedure that had been

Companies

Smurfit Kappa Colombia Unveils US$50 Million Cardboard Plant Project in Guarne, Antioquia

Medellin Herald January 7, 2021

Smurfit Kappa Colombia on January 4 announced a US$50 million investment in a new corrugated-cardboard plant in Guarne, Antioquia, just east of Medellin. To make way for the new plant, Smurfit Kappa recently sold a lot in Medellin that hosts its existing, 60-years-old “Carton de Colombia” plant. Colombia Real Estate Fund-FIC, Arquitectura y Concreto and […]

Health & Insurance.

Covid-19 Vaccination Plan to Include ‘Mi Vacuna’ App

Medellin Herald January 5, 2021

The Medellin Mayor’s Office on January 5 issued a bulletin updating plans to begin Covid-19 vaccinations in February. The first phase of 86,526 doses of the vaccine will be administered to front-line health-care workers and adults 80-and-over, next month. That will be followed by a second phase covering those 60 to 79 plus second-line health-care workers, […]

Other Norms

Colombia Reimposes PCR Covid-19 Test Mandate for International Passenger Arrivals

Medellin Herald January 4, 2021

Colombia’s Health Vice-Minister Luis Alexander Moscoso announced today (January 4) that following a Bogota federal court order, all international passengers flying to Colombia must pass a PCR test for Covid-19 infections, effective immediately. Those passengers that haven’t passed a PCR test up-to-96 hours before boarding an international flight to Colombia as of today