The concession was awarded by Colombia’s National Infrastructure Agency (ANI) and is sponsored by Ashmore funds as majority shareholder, alongside Termotecnica, a Grupo Ethuss company, and OHLA. The debt package combines a domestic development lender with two international banks, a structure used on Colombian road concessions where long-tenor local currency funding is paired with offshore participation. Ashmore Colombia announced the close on 15 September 2026.
The concession covers an 18-kilometre stretch of the Autopista Norte, Carrera Séptima and the Perimetral de Sopó bypass, linking Bogotá with the municipalities of Chía, Cajicá, Zipaquirá and Tocancipá. According to the sponsor, the corridor already carries Colombia’s highest-traffic toll, at 14.4 million vehicles a year. Unica, also a Grupo Ethuss company, and OHLA are jointly delivering the engineering, procurement and construction contract.
The design includes a restored hydrological link between the Torca and Guaymaral wetlands that raises hydraulic capacity by 419% and addresses long-standing flood risk, together with seven wildlife crossings, new cycling and pedestrian routes, and 6,500 tyres reused in the pavement. The sponsor expects the works to create more than 36,000 direct and indirect jobs during construction and to improve journeys for over 10 million people once complete.
Because the corridor is an operating toll road carrying commuter traffic, buses and freight, the works will have to be phased around live traffic rather than built on a greenfield alignment. That places traffic management, working windows and access sequencing inside the construction scope, and it normally spreads plant requirements across a longer programme than a single continuous works package would.