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

  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
    Read More
  • Colombia infrastructure expansion plan underway
    August 22, 2017
    Colombia is moving ahead steadily with its 4G road development scheme. According to the Colombian Chamber of Infrastructure (CCI), the Colombian Government has awarded 31 of the 4G projects to date. And of these 31 projects, 21 are being built at present with another eight in the process of securing financing. In all these 21 active projects and the eight close to commencement are worth a total of US$4.37 billion. The Colombian Government hopes that financing will be secured for a further two projects by th
    Read More
  • Serbian road expansion
    March 21, 2012
    In Serbia some million is being spent on developing the Corridor 10 and 11 highways during 2012. The work being carried out by Serbian roads company Koridori Srbije will include the 22km Ipsilon arm on Corridor 10, which will run from Kelebija to Subotica.
    Read More

Highlighted Content