Colombian road developments benefit from budget

A new budget for road development works has been set for Colombia’s Arauca, Boyaca, Casanare, Cundinamarca, and Santander departments. Improving road links has been set as a priority by the Colombian Government. For the 10 year period from 2019 to 2029, some US1.2 billion is being budgeted for developing road infrastructure as well as tourism facilities in the respective departments. Of this budgets, around 2/3rds will be provided by the Colombian Government. Local authorities will be expected to provide th
July 2, 2019 Read time: 1 min

A new budget for road development works has been set for Colombia’s Arauca, Boyaca, Casanare, Cundinamarca, and Santander departments. Improving road links has been set as a priority by the Colombian Government. For the 10 year period from 2019 to 2029, some US1.2 billion is being budgeted for developing road infrastructure as well as tourism facilities in the respective departments. Of this budgets, around 2/3rds will be provided by the Colombian Government. Local authorities will be expected to provide the remaining 1/3rd.

Finance & Funding

Related Content

June 5, 2015

Key Colombian highway deals awarded

Colombia’s Villavicencio-Yopal highway will be built by the consortium Estructura Plural Arauca (Conecol-Episol). The package of works was awarded by Colombia's National Infrastructure Agency (ANI). This deal forms part of the group of tenders for the second tranche of Colombia’s 4G roads programme. All nine of the 4G roads projects will be awarded by 15th July 2015. Under the Villavicencio-Yopal highway concession, the consortium must develop 261km of the route with an investment of US$741.9 million. The n
boombox1

Highlighted Content

boombox2