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Invías received nine other bids for the tender, the authority said in a release.
Odinsa will operate 38 tollbooths on national highways and two toll stations in Córdoba department.
Also in Colombia, the transport ministry (Mintransporte) is planning highway projects totaling 9.3tn pesos through 2021 in Valle del Cauca department, according to minister Germán Cardona Gutiérrez.
The ministry is planning investments of 2.1tn pesos for highways in the next four years, Invias said in a release.
Projects include a new highway connecting port city Buenaventura to the Orinoquía region, completion of the Buga-Buenaventura highway and the four-lane highway linking Buenaventura to capital Bogotá.
The government is in talks with the Chinese government to begin a ferry system from Buenaventura to Puerto Berrío, linking with the Magdalena river and is considering a public-private partnership to dredge and maintain the access canal to the Buenaventura port.
Honduran public works, transport and housing ministry (Soptravi) is looking to restart construction on two highway projects, which were stalled due to lack of funds.
Transport minister Miguel Pastor requested funds from the finance ministry to complete paving on the 29km Cololaca-Valladolid and 25km La Libertad-Las Lajas highways, in Lempira and Comayagua provinces respectively, Soptravi said in a release.
Construction firm Sermaco is carrying out both projects, having completed 47% of the Cololaca-Valladolid highway before work was stopped.
Chile's state-owned Metro firm, which operates capital Santiago's subway system, has approved two new directors, Fernando Cañas Berkowitz and José Luis Domínguez Covarrubias.
The executives will replace outgoing members Verónica Edwards Guzmán and Fernando Aguirre Díaz, who resigned from the board, Metro said in a release.