Colombia plans ahead

Colombia’s Ministry of Transport intends to invest a healthy US$5.59 billion in infrastructure during 2012.
March 14, 2012 Read time: 1 min
Colombia’s 2556 Ministry of Transport intends to invest a healthy US$5.59 billion in infrastructure during 2012. A substantial portion will go towards 17 road corridor projects, with major sums also aimed at road maintenance, much of which will be for road repairs following the harsh winter weather. Another project will be to improve minor roads, while a further portion of the budget is for road concessions. A total of 80km of road between Coran-San Jorge in Magdalena Medio will be completed by the end of 2012.

For more information on companies in this article

Related Content

  • Contractor Strabag unveils optimism with new results
    August 30, 2013
    A note of cautious optimism can be seen at the Austrian contractor Strabag, with the release of its half year results. The company saw turnover of € 5.6 billion for the first half of 2013, a drop of 7 % from the same period for the previous year but with some of this fall coming from weather-related issues that delayed the start of construction acitivity. However the company says that the impact of the weather on its performance should be made up by the year end. Strabag is a major contractor and is Central
    Read More
  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.
    Read More
  • Italian highway deals moving ahead
    January 21, 2022
    Important Italian highway deals are moving ahead.
    Read More
  • Morocco plans repairs and further development of roads
    January 20, 2015
    Moroccan Ministry for Equipment and Transport has said that its 20-year plan for the country's motorway network will require an investment of US$5.86 billion. Funding sources for all of the work have yet to be secured. The country’s tolled highway system has been a success, although the Casablanca-Rabat-Tangiers route generates much of the total revenue. Morocco’s Ministry for Transport and Equipment is also looking to source financing worth $532.6 million. This will be used to repair damage to the road ne
    Read More

Highlighted Content