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Colombia's ISA acquires road concession for $528 mln

BOGOTA, Oct 22 (Reuters) - Colombian conglomerate ISA said on Thursday it has acquired a road concession in the country’s north for more than 2 trillion pesos ($528 million).

The 146 kilometer (90 mile) Cartagena-Barranquilla concession connects major Caribbean cities.

The acquisition was made through subsidiary ISA Intervial Chile, one of the biggest interurban road operators in Chile.

ISA plans to invest $12.5 billion through 2030, including some $2.9 billion in roads. (Reporting by Nelson Bocanegra Writing by Julia Symmes Cobb; Editing by Muralikumar Anantharaman)

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