Concesionaria Vial Andina Coviandina

What Concesionaria Vial Andina Coviandina does

Concesionaria Vial Andina Coviandina S.A.S. is a Colombian road infrastructure concessionaire established in 2015 under Concession Contract APP No. 005 of June 9, 2015 with the Agencia Nacional de Infraestructura (ANI). The company holds exclusive 30+ year rights to operate and maintain the 86-kilometer Bogotá-Villavicencio corridor, the principal highway linking Colombia's capital with the Llanos Orientales and Orinoquía regions. Services span road operation and maintenance, three toll stations (Boquerón, Naranjal, Pipiral), vehicle weight control at Alto de la Cruz, and the ongoing construction of a new dual carriageway between Chirajara and Fundadores (88.12% complete).

The company operates a sophisticated Intelligent Transportation Systems (ITS) stack across its tunnels and road surface, including variable message panels, dynamic lane indicators, variable speed systems, environmental sensors, CCTV monitoring, pedestrian evacuation systems every 500 meters, SOS posts every 150 meters, and an in-tunnel FM radio station at 89.6 MHz. A proprietary bidirectional bypass system — unique in Colombia with 10 zones positioned roughly every 5.3 km — enables continuous two-way operation during incidents. The Colpass electronic toll platform integrates with seven authorized intermediators (Facilpass, Flypass, Gopass, Copiloto, Viarapida, Openpass, Tolis) for automated toll deduction. Environmental management under two ANLA licenses covers 185.6 hectares of forest conservation, 59,748 trees planted, and 7 aerial wildlife crossings.

The revenue model combines regulated toll collection (rates set by Ministry of Transportation resolution) with government compensation for O&M and construction services under the long-dated APP contract. Customers include individual motorists, freight transport companies, and passenger bus operators using the corridor, with the ANI serving as the sole concession counterparty for managed services revenue. The company is privately held, displays Corficolombiana branding suggesting affiliation with Grupo Aval, and has no publicly disclosed revenue figures. Recognitions include the Premio ITS España 2024, Great Place to Work Colombia certification, and GRESB global ESG benchmark certification.

Name

Concesionaria Vial Andina Coviandina

Legal name

Concesionaria Vial Andina S.A.S.

Website

https://coviandina.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Concesionaria Vial Andina Coviandina S.A.S. operates and maintains the 86-kilometer Bogotá-Villavicencio highway corridor in Colombia under a 30+ year concession with ANI, providing toll collection, ITS-enabled tunnel safety, dual carriageway construction, and electronic payment (Colpass) for motorists and freight operators.

Ownership category

akta.pro rank

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain, Others

Revenue model

1. Toll Collection Revenue: Revenue generated from operating three toll stations (Boquerón, Naranjal, Pipiral) along the 86-km Bogotá-Villavicencio corridor. Rates established by Ministry of Transportation resolution, with special differential rates for certain stations. Categories range from motorcycles to heavy freight vehicles.
2. Road Concession Operations and Maintenance: Government-paid compensation for operating and maintaining the Bogotá-Villavicencio highway corridor under a 30+ year public-private partnership (APP No. 005 of 2015). Includes maintaining existing road and constructing new dual carriageway sections.
3. Construction Services: New dual carriageway construction between Chirajara and Fundadores under the concession agreement. Design, financing, construction, operation, and maintenance services for new road infrastructure.
4. Vehicle Weight Control Services: Weigh station operations at Alto de la Cruz (K22+700) to verify vehicle weight compliance for heavy freight. Fees apply to overweight vehicles.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Concesionaria Vial Andina operates, maintains, and upgrades the 86-kilometer Bogotá–Villavicencio highway corridor under a 30-year public–private concession contract with Colombia's ANI. Its revenue-generating activities include toll collection at three stations (Boquerón, Naranjal, Pipiral) via cash and the Colpass electronic system, while its contracted scope covers road and tunnel operation, emergency response, environmental management, and major construction works including a new dual carriageway and 14 tunnels.

Product overview

Concesionaria Vial Andina Coviandina is a road infrastructure concessionaire operating the 86-kilometer Bogotá-Villavicencio corridor under APP Contract No. 005 of 2015. The company offers a unified portfolio of infrastructure management services organized around four pillars: (1) Core toll road operation and maintenance, (2) Intelligent Transportation Systems (ITS) including bypass zones and tunnel safety infrastructure, (3) Safety management covering road safety, disaster risk, and biosafety protocols, and (4) Environmental and social management including wildlife crossings and community programs. The electronic toll payment system Colpass serves as a key digital service integrated with multiple payment intermediadores. The portfolio is delivered through operational centers, field personnel, and technology-enabled monitoring systems across tunnels, toll stations, and the corridor's entire length.

Differentiator

Problem solved

Functional benefit

Brands

• Colpass: Electronic vehicle toll collection system for automated toll payments
• Campaña de Cultura Vial

Products and services

• Bogotá–Villavicencio Highway Operation and Maintenance Service

Quantifiable outcome

• 88.12% completion of new dual carriageway between Chirajara and Fundadores
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• FacilpasscoreChannel Partner/ Reseller/ DistributorElectronic toll collection (Colpass) intermediator providing automatic payment devices and services for toll stations along the Bogotá-Villavicencio corridor.
• FlypasscoreChannel Partner/ Reseller/ DistributorElectronic toll collection (Colpass) intermediator enabling automatic toll payment through registered devices.
• GopasscoreChannel Partner/ Reseller/ DistributorElectronic toll collection (Colpass) intermediator for automatic toll payment services.
• CopilotocoreChannel Partner/ Reseller/ DistributorElectronic toll collection (Colpass) intermediator for automatic toll payment services.
• ViarapidacoreChannel Partner/ Reseller/ DistributorElectronic toll collection (Colpass) intermediator for automatic toll payment services.
• Openpass ColombiacoreChannel Partner/ Reseller/ DistributorElectronic toll collection (Colpass) intermediator for automatic toll payment services.
• ToliscoreChannel Partner/ Reseller/ DistributorElectronic toll collection (Colpass) intermediator for automatic toll payment services.
• Universidad Pedagógica y Tecnológica de Colombia (UPTC)coreStrategic or Co-development PartnerResearch partnership for ecological studies of focal species in the project influence area. Produced publications on dung beetles, amphibian predation, and hummingbird habitats. Co-developed the book 'Ecology and Conservation of Focal Species in the Piedemonte Llanero'.
• Cámara de la DiversidadminorOthersLGBTQ+ diversity certification body. Provided diversity and inclusion certification (Certificación Cámara de la Diversidad) and Friendly Biz designation.
• GRESBminorOthersGlobal Real Estate Sustainability Benchmark organization. Provides ESG sustainability rating and certification for infrastructure projects.

Scale indicators12 records

Recent moves3 records

Expansion highlights5 records

Broad incumbents

• VINCI Highways: Subsidiary of VINCI Concessions operating toll road and highway infrastructure globally, including in Latin America. Comparable as a broad incumbent with deep expertise in ITS, concession management, and long-duration infrastructure assets under public-private partnership frameworks.
• Abertis: Global toll road operator with significant Latin American (especially Brazil, Chile, Argentina, Mexico, Puerto Rico, and Colombia) exposure. Comparable as a broad incumbent operating mature toll concessions across multiple geographies with similar regulatory and traffic-volume revenue drivers.
• CCR S.A. One of the largest toll road operators in Brazil, managing a portfolio of highway concessions under similar long-duration, government-regulated concession economics. Comparable as a broad incumbent in Latin American toll infrastructure with a comparable mix of operational maturity and ongoing capex programs.
• Arteris S.A. Brazilian toll road concessionaire operating a multi-state federal highway portfolio. Comparable as a broad incumbent in Latin American toll road concessions, with similar government concession structure and exposure to freight-driven traffic volumes.
• Sacyr Concesiones: Spanish infrastructure concessionaire with material Latin American toll road operations (notably in Chile, Colombia, Peru, and Paraguay). Comparable as a broad incumbent with similar concession economics, construction-to-operations business mix, and exposure to emerging-market regulatory frameworks.

Direct peers

• Odinsa S.A. Colombian infrastructure concessionaire affiliated with Grupo Aval (referenced alongside Corficolombiana on Coviandina communications). Odinsa develops and operates toll road concessions in Colombia and other Latin American markets, making it the closest direct peer in terms of asset class, geography, and concession structure.
• Concesionaria Ruta del Sol S.A.S. Original concessionaire for the Ruta del Sol highway project, one of the largest 4G road concessions in Colombia. Although it has undergone restructuring, it remains directly comparable to Coviandina as a Colombian highway concession operator under the same ANI 4G regulatory framework.

Others

• ISA (Interconexión Eléctrica S.A.): Colombian multi-Latin American infrastructure group focused primarily on energy transmission but with road concession and telecommunications holdings. Comparable as a Colombian-listed large-cap infrastructure investor with overlapping shareholder base and government-concession exposure.

Regional players

• Grupo Costanera S.p.A. Chilean toll road operator managing urban and intercity highway concessions. Comparable as a regional player in southern-cone highway concessions with similar long-duration contracts, urban commuter traffic exposure, and electronic toll collection systems.
• Rutas de Lima S.A.C. Peruvian toll road concessionaire operating the Lima Ring Road under a long-term government concession. Comparable as a regional Andean-PACIFIC highway concession operator with similar toll-based revenue, urban-to-interurban traffic mix, and government counterparty dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/CoviandinaSAS
• YouTubeyoutube.com/@CoviandinaSAS
• Facebookfacebook.com/profile.php?id=100013393263549
• Instagraminstagram.com/coviandinasas
• LinkedInlinkedin.com/company/vial-andina

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concesionaria Vial Andina Coviandina