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.