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

  • Korea strategy
    February 6, 2012
    South Korea is setting an ambitious transport and infrastructure budget for 2010. The country intends to invest US$52.51 billion on projects for new roads and highways, as well as rail and port developments.
    Read More
  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
    Read More
  • Public Private Partnerships for Roads Development
    May 29, 2018
    Key to Bridging the Road Investment Gap. There remains a very large gap between the world’s infrastructure needs to meet population and economic growth, and the public sector’s ability to procure commensurate funding. In the road sector, major consulting house McKinsey estimates investments need to be US$900 billion/year to keep pace with projected growth while current levels of investments fall short of this figure by $180 billion globally. Private finance is increasingly perceived as one of the main lever
    Read More
  • Côte d'Ivoire plans infrastructure development
    March 14, 2018
    A massive programme for infrastructure development is being planned by Côte d'Ivoire in a bid to help continue the country’s steady economic progress. The plans call for US$7.04 billion to be spent on developing infrastructure, with a strong focus on new and improved transport connections. Rural roads, trunk roads and highways are all being planned as well as new bridges. The programme includes the construction of 330km of highways as well as an improved road link with Burkina Faso’s capital Ouagadougou
    Read More

Highlighted Content