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Colombia has published the pre-bid documents for the first concession under the second wave of the country's US$25bn 4G highway plan, the 202km Puerta de Hierro-Palmar de Varela highway.
Located in northern Colombia, the highway runs through the departments of Sucre, Atlántico and Bolívar.
The project entails improvement works on 175km for 448bn pesos (US$187mn), with construction estimated to take three years, said vice president Germán Vargas Lleras in a release.
The works are to be followed by a maintenance concession valued at 792bn pesos.
Bids will be received in mid-April and the plan is to award the project in May, the release said.
The second wave of 4G highway projects includes 10 concessions for total investment of 14.2tn pesos.
4G involves the construction of 8,000km of roads, including 1,200km of four-lane highways, with the majority of projects to be carried out as PPPs.