• Colombia
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 20, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Concesionaria Vial Montes de Maria S.A.S.
The holder of the loan, grant, or other investment.
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Guarantee, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jul 8, 2020

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Project Description

"The Puerta de Hierro Toll Road Project is comprised of (i) the design, improvement, operation and maintenance of 192.6 km of an existing bi-directional carriage toll road and (ii) the design, construction, operation and maintenance of a 5.2 km greenfield bypass pursuant to a public-private partnership concession under Colombia’s 4th Generation road expansion program. The toll road will facilitate the connection between major Caribbean port cities of Barranquilla and Cartagena with interior departments near the Caribbean coast and further south to Medellín and Bogotá. The Project will enable increased vehicle speeds (additional 5 km per hour on average) that reduce travel times across the roadway, reduce vehicle operations costs, improve road safety, and enhance environmental protections for flooding and road settlement."

Investment Description
  • US International Development Finance Corporation (DFC)

"A USD 209,000,000 local currency guaranty denominated in Loan/Guaranty Colombian Pesos. Local financial institutions that will be beneficiaries of the OPIC local currency guaranty may require appreciation cover of up to USD 141,000,000. The total maximum OPIC exposure will be capped at an amount not to exceed USD 350,000,000."

"Approximately COP 1.2 billion."

Private Actors
Contact Information

The contact information was not available at the moment of the snapshot.