Colombia’s transport spending for infrastructure development

Colombia continues to develop its transport infrastructure, having set long terms plans to develop roads, bridges and tunnels, as well as rail links and airports. The country’s Ministry of Finance is budgeting over US$28.53 billion for transport development works for the 2019-2042 period. One of the key priorities is for the 4G road programme. The PPP model is being used for around 60% of the key transport development projects.
July 5, 2019 Read time: 1 min
Colombia continues to develop its transport infrastructure, having set long terms plans to develop roads, bridges and tunnels, as well as rail links and airports. The country’s Ministry of Finance is budgeting over US$28.53 billion for transport development works for the 2019-2042 period. One of the key priorities is for the 4G road programme. The PPP model is being used for around 60% of the key transport development projects.
Finance & Funding

Related Content

  • New bridge in Colombia using materials from CEMEX
    March 7, 2018
    A new bridge project in Colombia is benefiting from the supply of concrete from CEMEX Latam Holdings The project is to build a new bridge for Colombia’s Río Magdalena 2 Highway, with the road being one of the primary infrastructure projects currently under development in the country. CEMEX Colombia is supplying concrete for several essential elements of the project, including a viaduct over the Magdalena River that will become one of the longest bridges in the country.
    Read More
  • British Colombia in Canada plans major road investment
    March 20, 2015
    In Canada the British Colombia Government has announced a programme of road and highway upgrades worth a total of US$1.99 billion (C$2.5 billion). The investment will be used to rehabilitate side roads, highways and bridges across the province. This plan will include repaving some 1,000km/year of provincial highway, with this plan stretching out over a period of 10 years. A key portion of the work will be to widen Highway 1 section to six lanes between Abbotsford and Langley. The proposed plan has been titl
    Read More
  • Chinese city Guangzhou investing in infrastructure
    June 10, 2014
    Chinese city Guangzhou is setting plans in motion for an enormous investment in transport infrastructure. A budget of US$25.8 billion is being set out for the infrastructure growth programme, which envisages over 260 major projects. In all, the programme calls for 164 urban road projects as well as 11 highway projects. The new urban road projects will include works to connect with other new infrastructure being planned by the city. Also included are seven port projects and one airport project, as well as 13
    Read More
  • Morocco’s road development programme continuing
    June 8, 2016
    Morocco’s road network development programme is continuing, with new local roads, trunk roads and motorways being planned. Morocco’s Ministry of Equipment, Transport and Logistics has said a budget of US$9.84 billion is being set to construct 5,500km of roads in the country. The plans call for the building of 3,400km of motorways and a further 2,100km of trunk roads. In addition, a separate plan has been set out for building new rural roads, connecting every village and town in the country to the motorway n
    Read More

Highlighted Content