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Because of this, Vinci’s portion will increase from 50% to a 75% stake in the concession.
At the identical time, Vinci Highways has finalised the long-term financing of By the reveal of 40 Command to the tune of 2,675bn Colombian pesos (£313m). The operation is split into a 1,775bn-peso long-term tranche maturing in 12, 15 and Twenty years and a 900bn-peso revolving credit facility.
The Bogotá–Girardot motorway is the busiest in Colombia. Beneath a concession contract along with a visitors level threat signed in 2016, Vinci Highways operates the motorway and is completely upgrading it by means of the By the reveal of 40 Command concession. This entails construction of a third lane over a 65km stretch to create bigger the motorway’s skill and meet rising search files from.
The first sections of this unusual lane will birth to visitors by the ruin of 2023, and the final are because of the be carried out in 2026.
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