Colombia's impressive infrastructure plans

Colombia is planning a massive investment in infrastructure up to 2021.
February 29, 2012 Read time: 1 min
Colombia is planning a massive investment in infrastructure up to 2021. The country's Ministry of Transport has revealed plans to spend US$56.17 billion on an array of infrastructure projects over the next 10 years. A key component of this will be an increase in Colombia's total distance of two lane highways from 1,100km - 5,200km. The major road projects include Buenaventura-Bogota-Cucuta, Llanos Orientales-Pacifico, Troncal de Occidente and Troncal del Magdalena. However, a road project between Acandi and Unquia has been put on hold. The road forms part of a wider project to connect the power grids of Colombia and Panama but has been delayed over concerns that indigenous communities in Choco were not properly consulted. Panamanian firm ETESA puts the total cost of the 614km power transmission line between both countries at $500 million, including the road building component. The power line was planned to be ready in 2012 but it is not clear how much of a delay will result due to the need for a new consultation process.

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
  • Colombia's roads to recovery
    February 8, 2012
    Colombia's Ministry of Transport is suggesting that the Avenida Longitudinal de Occidente (ALO) road project in Bogota should be carried out by Colombian energy company Empresa de Energia de Bogota (EEB).
    Read More
  • Major highway improvement project on track in Colombia
    February 29, 2016
    In Colombia plans are now in hand for a major highway improvement project. Concesión Pacífico Tres is joint concession operator of the tolled links for Colombia’s major commercial regions connecting with the Pacific port hub. US firm Milbank, Tweed, Hadley & McCloy has provided advice to Colombian Concessionaire Concesión Pacífico Tres SAS and its sponsors, MHC Ingeniería y Construcción de Obras Civiles and Construcciones El Cóndor, and Costa Rica’s infrastructure company Constructora MECO. The advice was
    Read More
  • Colombian road contracts being awarded
    May 31, 2021
    A series of Colombian road contracts will be awarded in coming months.
    Read More

Highlighted Content