Colombia’s road development programme underway

Colombia’s 4G road infrastructure development programme is on track. The financing for 70% of this programme of works is now being secured. Worth some US$15.5 billion in all, the 4G programme is the fourth stage in the country’s plan to redevelop its transport infrastructure. Work commenced on the 4G programme in 2016 and it was originally due for completion in 2021. However, delays have crept into the programme due in part to issues surrounding the Brazilian contractor Odebrecht, which was handling some of
February 1, 2019 Read time: 1 min
Colombia’s 4G road infrastructure development programme is on track. The financing for 70% of this programme of works is now being secured. Worth some US$15.5 billion in all, the 4G programme is the fourth stage in the country’s plan to redevelop its transport infrastructure. Work commenced on the 4G programme in 2016 and it was originally due for completion in 2021. However, delays have crept into the programme due in part to issues surrounding the Brazilian contractor Odebrecht, which was handling some of the works. The firm has been hit with serious allegations over its business dealings both in Brazil and in other countries.

Finance & Funding

Related Content

  • Australian project, costs spiral
    October 5, 2020
    Costs are spiralling for a major Australian project.
    Read More
  • Road safety improvements for Brazil
    August 23, 2021
    Road safety improvements are planned for Brazil.
    Read More
  • Funding the future for road development
    May 11, 2018
    Once again the spectre of future road funding has raised its ugly head. The US administration has announced plans for a massive redevelopment programme for its crumbling infrastructure network. However, as the American Road Transportation Builders Association (ARTBA) has so succinctly pointed out in a recent report, how to pay for the work has yet to be established. This has been backed up by US transport expert Robert Poole of the Reason Foundation, as he recently commented, “…the way we fund and manage th
    Read More
  • Further development for Morocco infrastructure
    August 26, 2016
    Further infrastructure development is planned for Morocco. The authorities in the town of Salé are planning an urban development programme, with new and wider roads seen as a key portion of the work. Salé lies immediately to the north of Morocco’s capital Rabat and is home to many commuters working in the capital. Improving the transport links in the area will help develop the local economy and the Ministry of the Interior and the Ministry of Finances have set a budget of over US$516 million for the work. T
    Read More

Highlighted Content