Colombia's Agencia Nacional de Infraestructura (ANI) has published bidding rules and specifications for the estimated COP$1.68 billion (€591 million; $657 million) Bucaramanga-Barrancabermeja-Yondo (BBY) highway public-private partnership (PPP; P3) project, part of the Andean nation's 4G surface transportation rejuvenation initiative.
According to a release that accompanied the publication of project specifications, the 152.83-kilometre divided highway project aims to ease freight and passenger traffic and provide cross-connectivity between Colombia's Santander and Antioquia departments through the establishment of a new corridor that offers “an efficient exit from Bucaramanga to the oil centre of Barrancabermeja [and] promote transport by the Magdalena River.”
The project will impact almost 1 million residents of regional cities including Bucaramanga, Lebrija, Giron, San Vicente de Chucuri, Sabana de Torres, Bethulia, Barrancabermeja and Yondo and it is believed that the highway will have a positive impact on the oil and agriculture industries as well as freight transportation, which will benefit from travel savings.
Major works associated with the highway project include construction of two intersections, two tunnels, and 34 long bridges and/or viaducts in order to allow for efficient traversal of the rugged geography found in areas such as the Puente La Paz – Lisbon corridor, the release said. ANI estimates that 4,900 jobs will be created throughout the five-year construction period.
The tender for the BBY highway project is scheduled to close on May 29, with contract award set for July 6.