The National Government is implementing an ambitious toll road concession plan through the National Road Institute "Instituto Nacional de Vías (INVIAS)", looking for collaboration from the private sector for the development of the road infrastructure sector in Colombia in line with the opening of economic barriers in the country. This plan is based on Law 80/93 (Colombian Procurement Statute), which includes concessions as an authorized procurement mechanism. It is also based on Law 105/93, which contemplates concessions as a specific application within the transportation sector. Toll road concessions include road rehabilitation, construction, maintenance and operation activities.
Based on the aforementioned legal framework, toll road concessions began in Colombia in the so-called First Generation Toll Road Concessions, with projects such as the Vía al Llano, and the roads Buga - La Paila, Cartagena - Barranquilla, and Santafe de Bogota - Briceno, among others.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
