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

  • Colombian highway tenders now underway
    February 10, 2015
    In Colombia the tender process is underway for two major highway projects worth a total of US$1.257 billion. The Autopista Mar 1 and Autopista Mar 2 projects are located in the department of Antioquia and the details of the projects were published by Colombia’s national infrastructure agency ANI, reports Business News Americas. These projects number amongst the 10 concessions the Colombian Government is awarding for the second round of its $25 billion 4G national highway plan.
    Read More
  • Riyadh’s transport infrastructure upgrade programme
    August 29, 2013
    IRF chairman and mayor of Riyadh, Eng Abdullah A Almogbel, discusses the city’s massive infrastructure investment and the pressing need for this development work Saudi Arabian capital Riyadh is fast growing with a pressing need for additional transport infrastructure resulting in a massive investment programme. The oil industry has fuelled Riyadh’s rapid expansion from being a medium sized town just 100 years ago, to its status as a major city today. With the explosion in vehicle use during the 20th ce
    Read More
  • Increased mobility for Mexico
    June 14, 2012
    Urban mobility is high on the infrastructure agenda in Mexico. Business News Americas spoke with Salvador Herrera, executive director of the Centre for Sustainable Transport (CTS), about the elements of a sustainable transport system and Mexico City's addiction to the car At the heart of Mexico City's transport policy is a contradiction that is typical of the country as a whole. The government is spending big on Line 12 of the metro system and has introduced the first Metrobús bus rapid transit (BRT) l
    Read More
  • Chile’s transport budget unveiled
    May 15, 2018
    Chile has announced a major development in its transport network, with a budget being set for infrastructure growth. The current administration plans to spend US$2 billion on upgrading the country’s transport links, including roads and highways, airports and urban/underground rail. New plans are being set for the tenders for eight highways with their current concessions due to come to an end within the coming three years. The concessions involved in these tenders will be for some 1,500km of roads in all.
    Read More

Highlighted Content