Cundinamarca 010 Toll Road Project

Bogotá, Columbia
ConcessionsOperations & MaintenanceP3Roadways/BridgesTransportation
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Location: Bogotá and surrounding area, Colombia
Owner: Colombia's National Infrastructure Agency (ANI)
Development Company: Project sponsored by Shikun & Binui and Infrared Fund Finances
Project Status: Three road segments are in the operational phase, following the successful completion of construction, and additional two segments are under rehabilitation
The project is located east of the capital of Bogotá, along the eastern Andes Mountain range. The project brings improvements to the productivity of the country, as the Eastern Plains region is where most of the country’s oil is produced and is also extensively used for agricultural and livestock activities. Transportation times to and from this region are significantly reduced as traffic bypasses the congested city of Bogotá. This work is challenging due to the climate, social, and environmental conditions.
Toll Road completed
This road helped alleviate the commuting time from the Eastern Plains to Bogotá.
Columbia road overhead view
An aerial view of the road through a community.

Financing

The project's total value of $790 million was sponsored by Shikun & Binui Concessions and Infrared Fund Finances with the sponsor's equity and a syndicated loan with the Inter-American Development Bank (IDB) and four local financial institutions.

Construction

This project included multiple bridges up to 270 ft, inclined box culverts, and massive slope stabilizations. It also involved the mobilization, logistics, and earthwork plan including the renovation and operation of a quarry (4000 cy/day) with drilling and blasting operations. Additionally, the project contractor was responsible for the land acquisition to guarantee the right-of-way for the project. The project was phased to minimize lane closures, maximize mobility during construction, and promote safety. The project connects directly with Bogotá, so continued mobility of high traffic volumes was vital, and the use of social media platforms and communication channels to spread awareness of the project and alerts on lane closures and traffic restrictions was key.

Operations and Maintenance

The term of the concession is 25 years, extendable up to 29 years for a shortfall in traffic. The operation portion of the project includes three toll plazas in operation, and three weigh stations.

Respecting the Environment

The project is located across environmentally protected areas with fragile flora and fauna and unique conditions near páramo zones (moor highlands). The environmental plan included the required permits and licenses, an impact mitigation plan on the use of natural resources, and an environmental compensation plan to protect valuable species of flora and fauna and hydric resources.

Support to Local Communities

The project spans urban, suburban, rural, and remote areas impacting communities with diverse socioeconomic conditions. It also supports local communities by prioritizing the hiring of local workers. Additional support was given to small businesses in the area.

Social Programs

Social management programs in the impacted regions focus on user support, workforce recruitment, staff training, information and participation, community training, and institutional management projects. Additionally, the sponsors currently support two economic development projects: one with seamstresses from the northern area and another with a coffee foundation involving over 50 southern region families. Other initiatives include road culture campaigns, archaeology preservation and socio-land management.