Infrastructure

Colombia Government: US$365 Million Financing Set for Crucial ‘Mar 2’ Highway

Medellin Herald September 25, 2020

Antioquia’s departmental government officially announced September 24 that the national government will finalize on November 11 a COP$1.4 trillion (US$365 million) financing package for the crucial “Tramo 2” (phase-two section) of new highway linked to the under-construction Toyo Tunnel

Infrastructure

‘Pacifico 1’ Highway Between Medellin’s Southern Suburbs and Cauca River/Bolombolo Now 50% Complete

Medellin Herald September 21, 2020

The Medellin-based Covipacifico construction consortium announced September 18 that the “Pacifico 1” highway between Medellin’s southern suburbs and the Cauca River town of Bolombolo is now 50% complete. The COP$2.78 trillion (US$725 million) project, once completed in 2023, would dramatically reduce transit times between Medellin and southwestern Antioquia, connecting to

Infrastructure

Crucial ‘Pacifico 2’ Highway Linking Medellin to Pacific Port Now 89% Complete; ‘Pacifico 1’ Landslide Won’t Affect Construction Deadline: ANI

Medellin Herald August 21, 2020

Agencia Nacional de Infraestrucutura (ANI, Colombia’s national infrastructure agency) announced August 21 that the COP$1.7 trillion (US$443 million) “Pacifico 2” highway linking Medellin and southwest Antioquia to the Pacific port of Buenaventura is now 89% complete. The 96.5-kilometers-long “Pacífico 2” project is linked to “Pacific 3” southward and “Pacifico 1”

Infrastructure

President Duque: Crucial Medellin-to-Atlantic Highways, Tunnels, Puerto Antioquia Highest Priorities by 2022

Medellin Herald August 13, 2020

Colombia President Ivan Duque announced August 13 that the crucial “Mar 1” and “Mar 2” highways — including the Toyo Tunnel and Tunel de Occidente — as well as the proposed “Puerto Antioquia” freight port on the Caribbean are his highest priorities for accelerated advance or completion before his term ends in 2022. Speaking August […]

Infrastructure

‘Puerto Antioquia’ Ocean-Freight Project Gets US$110 Million Term Loan

Medellin Herald July 9, 2020

The long-awaited development of the “Puerto Antioquia” ocean-freight port near Turbo, Antioquia, just got a US$110 million term-loan investment from New York-based Global Infrastructure Partners (GIP). According to the GIP announcement – which project developer Andres Felipe Bustos of Medellin-based Puertos Inversiones y Obras (PioSAS) confirmed to Medellin Herald as

Infrastructure

One Year After Landslide, ‘Pacifico 1’ Highway Reopens 24 Hours Daily

Medellin Herald June 17, 2020

Colombia’s national infrastructure agency (Agencia Nacional de Infraestructura, ANI) announced June 17 that the crucial “Pacifico 1” highway connecting Medellin’s southern suburbs to the Cauca River town of Bolombolo is now open 24 hours/day. A 300-meters-long section of the existing two-lane highway– as well as an under-construction section of what eventually will

Infrastructure

EPM Outlines COP$4 Trillion Electric-Power Distribution Investments for 2020 to 2024

Medellin Herald June 11, 2020

Medellin-based electric power giant EPM on June 11 unveiled a COP$4 trillion (US$1.06 billion) capital investment program for its power distribution subsidiaries in six Colombian departments (states). The investments “seek to contribute to the improvement of service quality, minimizing the number of interruptions and their duration,” according to EPM. “For this,

Infrastructure

EPM Reports 192 Cases of Covid-19 Among ‘Hidroituango’ Hydroelectric Project Workers

Medellin Herald May 27, 2020

EPM Social/Environmental Projects Director Ana Milena Joya Camacho revealed in a May 26 meeting with Antioquia departmental officials that 192 workers at the “Hidroituango” hydroelectric project have tested positive for Coronavirus. Because of this outbreak – first detected among 13 workers on May 12 — EPM not only has removed, isolated and ensured treatment of […]

Infrastructure

Excavation of Medellin’s Second Tube at Western Tunnel Highway to be Complete by October

Medellin Herald May 10, 2020

Colombia’s national infrastructure agency (Agencia Nacional de Infraestructura, ANI) announced May 10 that excavation of the second tube of the “Tunel de Occidente” connecting Medellin westward to Santa Fe de Antioquia will be complete by October 2020. The 4.6-kilometers-long, COP$420 billion (US$108 million) tunnel will enable four lines of divided highway as part of the

Infrastructure

‘Pacifico 1’ Highway Connecting Medellin to Southwest Restarts with Health Protocols

Medellin Herald April 22, 2020

The Medellin-based “Covipacifico” consortium building the “Pacifico 1” highway between Medellin’s southern suburbs (Ancon Sur) and the Cauca River town of Bolombolo on April 20 unveiled details on construction relaunch — tied to strict Coronavirus-avoidance protocols. According to the consortium, “some of the measures endorsed by the ANI [Colombia’s infrastructure