Ruta del Sol Proposals Due October 20

Bids on a concession for Colombia’s Ruta del Sol tollroad are due October 20 and the winner could be announced about a month afterwards, says a banker who is advising one of the parties interested in bidding. He also confirms that among those preparing bids for the project, expected to require an investment of about $2.6bn, are Italy’s Impregilo, Canada’s Lavalin, Spain’s OHL, Brazil’s Odebrecht and OAS, also based in Brazil. Colombia-based Odinsa, which is teaming up with Ascendi, part of Portugal’s Mota-Engil, also confirms it will bid. Ruta del Sol will stretch over 1,000km and connect Bogota with the ports on the Atlantic coast.