The La Dorada-Chiriguaná railway project in Colombia has attracted three bids for the first Public-Private Partnership (PPP) in the rail sector. The 10-year project entails an investment exceeding 3.4 trillion pesos, focusing on upgrading rail infrastructure and improving freight transport capabilities. The contract award is expected in April 2025 after a two-month evaluation period.
Colombia’s first Public-Private Partnership (PPP) in the rail industry, the La Dorada-Chiriguaná railway project, has garnered interest from three bidding consortia, as reported by the National Infrastructure Agency (ANI) on February 7, 2025. This project, backed by the National Development Finance Company (FDN) and supported by firms such as Deloitte Colombia, Durán y Osorio, and Gómez Cajiao – Setec, involves an investment that exceeds 3.4 trillion Colombian pesos.
The 10-year concession involves significant infrastructure improvements including the replacement of 205.5 kilometers of rail with a transition from 75 lb/yd to 115 lb/yd. Other enhancements consist of upgrading railway sleepers and ballast, refurbishing rolling stock, and constructing key facilities such as an administrative building, an Operations Control Center, and two train maintenance workshops.
Moreover, the project focuses on establishing a Cargo Transfer Center and implementing advanced systems for signaling, communication, and train control. It will also encompass the operation and maintenance of this infrastructure along with freight transport services utilizing federally assigned rolling stock.
ANI plans to take two months to assess the bids and proposals, with the expectation of awarding the contract by April 2025. This project stands as a pivotal move towards modernizing Colombia’s railway systems and enhancing freight transport efficiency.
The La Dorada-Chiriguaná railway project marks a significant step for Colombia, initiating its first PPP in the rail sector. With a substantial investment and comprehensive infrastructure upgrades planned over a decade, the project aims to strengthen the railway system and improve freight services. The awarding of the contract is anticipated by April 2025 following proposal evaluations.
Original Source: www.financecolombia.com
