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

  • Mexico developing and maintaining key transport infrastructure
    January 10, 2019
    Mexico is setting out an ambitious programme of infrastructure development to the Tehuantepec Isthmus area in Oaxaca State in the south of the country. The work will include widening and upgrading the Salina Cruz-Coatzacoalcos road link, as well as building the Matias Romero bypass and the Acayucan-La Ventosa road section. This infrastructure development plan is expected to cost just over US$425 million in all and also includes improvements to rail connections and ports in the area. Road maintenance works
    Read More
  • Consortium Via al Puerto to finish Colombia’s Buga-Buevantura road
    May 24, 2016
    Colombia’s National Infrastructure Agency (ANI) has approved Consorcio Estructura Plural Via al Puerto to build the remaining 26.5km of the Buga-Buenaventura dual carriageway. Construction costs will be just under US$358 million with another $645 million likely needed to maintain and operate the public-private partnership road for 30 years. Works include construction of two tunnels, 12 bridges, 7.5km of cycle lanes, as well as maintenance of 111km of the main road, according to a report by El Pais new
    Read More
  • Australia's huge transport investment
    February 29, 2012
    The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.
    Read More
  • Russian road rebuilding programme
    July 20, 2018
    The Russian Ministry of Transport is setting out a major programme of transport infrastructure improvements, with a budget of US$175.56 billion being planned. Russia has 511,000km of regional and municipal roads at present, around 43% of the country's total network. The aim is to increase the percentage of roads with federal and municipal status to 50%, which will require around 40,000km of roads to be upgraded by 2024. The Russian Federal Government will give the regional authorities the necessary funding
    Read More

Highlighted Content