We signed the Certificate of Commencement over the Canal del Dique Ecosystems P3

We plan to make a €1.2 billion investment, €680 million of which are earmarked for design and construction, through the Ecosistemas del Dique P3 company. This P3 contract is awarded for a 15-year period. Project development is divided into three stages:

• Pre-construction: 18 meses.
• Construction: 4 years and 3 months, until 2028.
• Operation and maintenance, 9 years until 2037

This multimodal infrastructure development will help with climate change adaptation.

Planned social investment on this project is approximately €70 million, that will go to improve the quality of life of the Canal del Dique neighboring communities.

In addition, the project will create 60,000 direct and indirect jobs and will allocate resources for entrepreneurs, empowerment initiatives, environmental education, develop public infrastructure and more.

The restoration of the degraded Canal del Dique ecosystems is a unique project in Colombia and Latin America in terms of sustainability because it is tailored to the Canal del Dique’s specific needs, terrain, and communities.

This way, the Colombian government along with Ecosistemas del Dique makes a sure bet on the Caribbean region and the wellbeing of its neighboring communities.