Recovery of the degraded Canal del Dique ecosystems P3 project

We develop a 100% socio-environmental project to restore the ecosystems of this Colombian site

Shared Value

Value for Society

Recovery, maintenance and reforestation of Canal del Dique’s eco-systemic parks. The project will benefit more than 6,000 workers in the region.

Value for Shareholders

The Project will restore a key site to the environment, the economy and the Colombian society. 

Value for People

Nearly 70 million euros will serve to enhance job creation and improve local infrastructure. 

Characteristics

Client

Agencia Nacional de Infraestructuras (ANI)

Start/End Operation

2022-2037

Remuneration scheme

Availability Payment

Status

Preconstruction

Recovery of the degraded Canal del Dique ecosystems P3 project

The awarding of the Recovery of the degraded Canal del Dique ecosystems P3 project constitutes a challenging opportunity for the promotion of sustainable projects. This concession focuses on the environmental restoration of Canal del Dique, in the Magdalena River (Colombia), across its 115.5 kilometres between the departments of Atlántico, Bolívar and Sucre. Furthermore, the project will also recover the connections with the swamps through hydraulic works. 

The P3 will be carried out in three phases: pre-construction (18 months), construction (4 years and 3 months), and operation and maintenance (9 years and one month). Through socio-environmental principles, our team will have different goals during the life cycle of the project: the environmental restoration of the area’s ecosystems, the generation of scenarios of adaptation to climate change, the assurance of the hydraulics’ resources and the navigability of the river course, and the control of flows, flooding and saline intrusion with a system of locks, dams and gates. 

Apart from the environmental and systemic values, the project contemplates important benefits on a social level. Thus, there will be 67 million euros of social investment (340,000 million of Colombian pesos), which will include the promotion of productive projects, environmental education, community strengthening, the development of the communities and job creation. 

1,200

MILLION € INVESTMENT

100%

STAKE

115.5

KILOMETRES