Colombia plans key road repairs

Colombia’s Santander Department is to see major investment in repairing and improving its road network. The Colombian Transport Ministry intends to spend US$2.4 billion on a series of road repairs and upgrades. Major highways being improved under the plans include the Curos-Malaga road and the Bucaramanga-Cuestaboba link. The Curos-Malaga road upgrade is expected to cost around $77 million while the Bucaramanga-Cuestaboba improvement project is likely to cost some $43.5 million.
August 9, 2012 Read time: 1 min

Colombia’s 4001 Santander Department is to see major investment in repairing and improving its road network. The Colombian Transport Ministry intends to spend US$2.4 billion on a series of road repairs and upgrades. Major highways being improved under the plans include the Curos-Malaga road and the Bucaramanga-Cuestaboba link. The Curos-Malaga road upgrade is expected to cost around $77 million while the Bucaramanga-Cuestaboba improvement project is likely to cost some $43.5 million.

For more information on companies in this article

Related Content

  • Argentina seeking road funding opportunities
    October 10, 2018
    Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
    Read More
  • Report reveals Russia requires heavy road investment
    May 18, 2012
    A report by Goldman Sachs reveals Russia’s requirement for further infrastructure investment. The report, Russian Infrastructure and Construction, shows that investments in transport corresponded to 1.5-1.7% of GDP in 2005-2010. For Russia’s total infrastructure needs, including power networks and communications, spending equated to 3.7-4.3% of GDP. But the report shows Russia should allocate at least 3.5-4.5% of its GDP to infrastructure while maintenance of existing infrastructure should make up about 50%
    Read More
  • Vietnam’s massive road expansion plans
    March 13, 2024
    Vietnam has massive road expansion plans, with 19 transport projects in the frame.
    Read More
  • Chilean infrastructure projects being planned
    November 20, 2014
    In Chile plans are well in hand for a series of major infrastructure projects, with the work likely to help boost the country’s economy. The Ministry of Public Works in Chile (MOP) has announced that it will speed up the process for key infrastructure construction projects. Those projects involving investments of around US$1.10 billion should be approved by 11th March 2015. The Ministry of Public Works has indicated that three private concession contracts have already been approved, including the dual-carri
    Read More

Highlighted Content