2008-03-10

Paper: At least 6 cos interested in La Línea tender

At least six international companies have contacted officials at Colombian national road institute Invías to discuss the tender process for the construction of La Línea tunnel, local paper El Nuevo Día reported.

The companies that have expressed interest in taking part in the tender process are Italian firm Impreglio, Spanish firm OHL, Brazilian firm Andrade Gutiérrez, Argentina's Iecsa, Korean firm Taeah Construction and Chinese company Asia Tech Intl.

In February, the transport ministry and Invías relaunched the international tender process for the construction of the Cordillera Central pass, which includes the construction of the parallel II Centenario and La Línea tunnels, of 8.8km each, and the expansion of the Calarcá-Cajamarca highway by 23.7km.

The initiative was divided into five stages and bidders are requested to submit separate offers for each stage. Authorities will select the best technical and economic offers for each stage.

The official budget is set at 612bn pesos (US$322mn), but the winning company or companies will receive tax benefits through the El Vallejo plan, which reduces the cost of importing the supplies necessary to carry out works.

The project is expected to take 70 months to complete. Authorities hope to see the expanded highway and the excavation of the first tunnel ready by 2010.

The first tunnel is slated to begin operating in 2012, while the construction of the second is expected to conclude in 2013.

Publication: Business News Americas - English News
Provider: Business News Americas
Date: March 10, 2008

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