Skip to main content

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.

Related Content

  • Russian transport budget established
    July 27, 2015
    Russia is setting out its budget plans for transport infrastructure investment. In all a healthy US$43.92 billion is being planned for transport infrastructure development in Russia during the 2016-2018 period. This will be used to maintain and repair existing routes as well as to develop new links. Road projects figure highly in the spending although investments will also be made into rail and air transportation.
  • Construction completion for Colombia concession contracts
    December 14, 2017
    Colombia’s massive road and highway development programme is still moving ahead, with a series of major concession projects due for completion by 2020. A consortium titled Via al Mar is on track to finish construction of the Cartagena-Barranquilla highway in August 2019, for which the company has a 25-year concession agreement. The tender process for the final stretches of the Ruta del Sol II highway will commence shortly.
  • US$4 billion for road expansion in Vietnam
    May 21, 2024
    US$4 billion investment is planned for road expansion in Vietnam.
  • US Government set to invest US$74.5 billion in transport
    March 15, 2012
    The US Government is set to invest US$74.5billion in transport improvements in the 2013 financial year (October 1, 2012-September 30, 2013), President Barack Obama has revealed.