March 10, 2026
Business

Sura 2018 results March 2019

Sura Full-Year 2018 Profits Rise 7.6% Year-on-Year Medellin-based insurance and financial services giant Grupo Sura announced March 1, 2019 that full-year 2018 net income (excluding divestments) rose 7.6% year-on-year to COP$1.4 trillion (US$475.7 million) while fourth-quarter (4Q) 2018 profits
Infrastructure

EPM hidroituango collapse study March 2019

EPM: DESIGN FLAW CAUSED HIDROITUANGO TUNNEL COLLAPSE; RECOVERY UNDERWAY Medellin-based multinational electric power giant EPM on March 1, 2019 unveiled a long-awaited consultant’s report on the causes behind the April 2018 tunnel collapse that has resulted in a three-year delay in power output from the 2.4-gigawatt “Hidroituango” hydroelectric plant in Antioquia. “The
Infrastructure

Autopista Rio Magdalena delays April 2019

Aleatica SA subsidiary Autopista Rio Magdalena (ARM) announced April 8, 2019 that it has cancelled its highway construction contract with Obrascon Huarte Lain SA (OHL) and is seeking a new contractor. The partially completed ARM highway project aims to connect Remedios in northern Antioquia with the “Ruta del Sol” fourth-generation (4g) highway via a new […]
Infrastructure

Pacifico 2 La Pintada update April 2019

‘Pacifico 2,’ ‘Transversal de Las Americas’ Nearing Completion; Medellin Connections Improve Colombia’s national infrastructure agency (Agencia Nacional de Infraestructura, ANI) announced April 10, 2019 the completion of a 14-kilometers-long, four-lane divided highway stretch between La Pintada and Puente Iglesias — part of the 96-kilometers-long “Pacifico 2”
Infrastructure

‘Pacifico 1’ Highway Construction Suffers Landslide Near Bolombolo; Reopening Not Until 2020

The “Corvipacifico” construction consortium and highway authorities announced May 29, 2019 that a huge landslide near Sinifaná wrecked a 300-meters-long section of the under-construction “Pacifico 1” highway as well a nearby, 300-meters-long section of the existing highway between the southern Medellin suburb of Caldas and the town of Bolombolo alongside the Cauca River.
Infrastructure

Medellin’s Zero-Emissions Public Transport Network Continues to Expand

Medellin Mayor Federico Gutiérrez announced June 13, 2019 that the city’s enormously popular “Metro” public-transport network will add yet another zero-emissions aerial-tram “Metrocable” system — helping to stem air pollution mainly caused by obsolete diesel and gasoline vehicles. The 2.8-kilometers-long, COP$298 billion (US$99 million) “El Picacho” aerial tram is
Infrastructure

ANI Announces Expansion of Highways Connecting Rionegro, Llanogrande, JMC Airport

Colombia’s national infrastructure agency (Agencia Nacional de Infraestructura, ANI) announced February 27, 2019 that the existing, congested two-lane highways connecting Rionegro, Llanogrande and Medellin’s Jose Maria Cordova (JMC) international airport will expand to four lanes. The COP$118 billion (US$38 million) project will tap funds generated by the existing toll
General News

BYD launches EV sales in Medellin February 2019

BYD Launches Electric-Car Sales Just as Medellin Toughens Air-Pollution Driving Limits China-based electric vehicle (EV) manufacturer BYD on February 7, 2019 launched sales of zero-emissions EV cars at its first-ever retail showroom in Medellin – simultaneous with the Mayor’s office announcing new driving restrictions on polluting vehicles with internal combustion engines