Odebrecht, Aval Lose Colombia Arbitration Case for Highway Works.

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- Subject Terms:
  ODEBRECHT SA; GRUPO Aval Acciones y Valores SA; ROAD construction; NATIONAL Infrastructure Agency (Colombia); CONGLOMERATE corporations; CORRUPTION
- Abstract:
  The article discusses that a Colombian arbitration court awarded Odebrecht SA , the scandal-plagued Brazilian conglomerate, and its Colombian banking partner, Grupo Aval SA, a fraction of fund they were seeking from the government for building half a highway halted amid corruption charges. It notes that the companies were awarded a contract to build Ruta del Sol 2, Colombia's biggest highway. It discusses that the court ordered the National Infrastructure Agency to pay for the partnership.