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Navelena S.A.S.

Company Detail

Description

Navelena S.A.S., a JV between Brazilian conglomerate Odebrecht and Colombia's Valores y Contratos S.A. (ValorCon), is a construction consortium focused on the design, construction, operation, maintenance and financing of a project to recover the navigability of Colombia's main waterway, Magdalena river. The project comprises over 160 channeling works in the 256km stretch between Puerto Salgar, in the Cundinamarca department, and Barrancabermeja, in the Santander department, as well as navigability maintenance services between Barranquilla, in the Atlántico department, and Puerto Salgar, for a total of 908km. Load capacity will increase from 1.5Mt to 6Mt. The company has six years to complete the project. Navelena was formed in 2014 and has an office in Barrancabermeja city, on the shore of the Magdalena.

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