Túnel de Oriente is moving more than 29,000 vehicles per day on average with a 60% reduction in travel time between the Aburrá and San Nicolás valleys

• In December 2021, the concession closed with a daily average of 39,000 vehicles.
• With more than 58 kilometers of two-way roads, the Tunnel is one of the most relevant road corridors in Antioquia with more than 15 million vehicles mobilized in the last two years.
• In 2021, the Túnel de Oriente was the first concession to issue project bonds in pesos in the Colombian capital market, opening an important door in the market to finance road infrastructure projects.

The Túnel de Oriente is one of the main engineering works in Colombia and a relevant asset for Grupo Argos due to its ability to generate value for the inhabitants of Antioquia and boost the competitiveness of the region. Since its inauguration in 2019, the concession has mobilized more than 15 million vehicles, consolidating itself as one of the most relevant road corridors in the department.

This vehicle corridor is the longest excavated on the continent and includes 58 kilometers of roads that connect the Aburrá Valley and the San Nicolás Valley, achieving a 60% reduction in travel time. Since its inauguration, the concession has exceeded the initial vehicular traffic forecast and in December 2021 it closed with a daily average of 39,000 vehicles.

In 2021, the concession achieved the issuance of bonds in the Colombian capital market. Issuance amounted to COP 700,000 million, with an excess demand that reached COP 1.1 trillion. With this initiative, the Túnel de Oriente became the first concession to use this mechanism, opening an important door in the market to finance infrastructure projects.