Colombia to finance Eje Cafetero roadworks

Tuesday, March 13, 2018

Colombia will invest around 80bn pesos (US$28mn) in roadworks in the Eje Cafetero area. The governors of Quindío, Caldas and Risaralda departments will meet this Thursday to specify which projects will receive funding.

Works will be financed with fees collected from the Autopistas del Café highway concession, which operates the four-lane road connecting the capitals of the three departments, a press release from infrastructure agency ANI said.

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"The important thing here is to reach an agreement as soon as possible to determine which works will be carried out with these funds," ANI's head Dimitri Zaninovich said.

Autopistas del Café is owned by Odinsa and entails 270km connecting Armenia (Caldas department), Pereira (Risaralda) and Manizales (Quindío). It handles yearly average traffic of 12mn vehicles, according to the concessionaire's website.