- The award recognizes the best infrastructure investments in the Global, North America, Europe, Latin America, Asia-Pacific, Middle East, and Africa segments.
- ISA Group was awarded the “Transport Deal of the Year” in the Latin America segment.
- In 2020, through its company ISA INTERVIAL Chile, ISA Group acquired 100% shares of this Fourth Generation (4G) concession in Colombia.
Think Tank Infrastructure Investor, a global leader in infrastructure investment, revealed the winners of the 12th edition of the Infrastructure Investor Awards. ISA was awarded the “Transport Deal of the Year” in Latin American for the acquisition of the Costera Cartagena Barranquilla Concession through its affiliate ISA INTERVIAL Chile. This road connects these two important cities and is part of the most important international and tourist commerce corridor in the north of the country. The entity also highlighted the milestone that this business unit represents as the entry of Grupo ISA into the Road Concessions market in Colombia.
The concession has also been recognized with other awards such as the Pan American Sustainable Development Award, the National Engineering Award, and the National Environmental Award, among others, for its minimum intervention on the Manglar (mangrove swamp) and minimum occupation of the Ciénaga.
“”This recognition fills us with great pride because it proves that we continue delivering to Colombia five decades of development. We expect this acquisition to help us continue contributing to the progress of the Caribbean region with the Road Concessions business unit, an essential sector for economic revival and GDP growth in Colombia. It also confirms that the company continues to be recognized internationally not only for its appropriate business decisions, but also for the development and progress achieved through its strategic projects“, Bernardo Vargas Gibsone, ISA’s CEO, said.
The relevance of this transaction, which exceeded COP 2 trillion including capital and debt, aims to provide additional support to the country’s economic revival, territorial strengthening, environmental protection, and the construction of the social fabric.
Infrastructure Investor
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About ISA’s Road Concessions business unit
The Road Concessions business unit plays a relevant role in ISA Group’s portfolio, as it is a source of diversification. Approximately 24% of total investment by 2030 is expected to be made in this business unit.
ISA Group’s investment plan by 2030 includes USD 12,5 billion for growth, of which approximately USD 2,9 billion will be used in the Roads Concessions business unit.
Through the acquisition of Costera Cartagena Barranquilla Concession (146 km), the road infrastructure operated by ISA Group was extended to 1.053 km in Chile and Colombia. In addition, ISA Group is currently building 136 km in Chile.
