Funding found for Colombia road development projects

Funding is being provided for our projects that form part of Colombia’s 4G road development programme. The 2791 Inter-American Development Bank Group’s private sector subsidiary, IDB Invest, is supplying close to US$207 million for the four road projects to the development firms handling the works. IDB Invest is in turn borrowing the sum from Colombia’s national development bank Financiera de Desarrollo Nacional (FDN). In all Colombia’s 4G programme calls for $18 billion of construction works to be carried out.