Colombia infrastructure expansion plan underway

Colombia is moving ahead steadily with its 4G road development scheme. According to the Colombian Chamber of Infrastructure (CCI), the Colombian Government has awarded 31 of the 4G projects to date. And of these 31 projects, 21 are being built at present with another eight in the process of securing financing. In all these 21 active projects and the eight close to commencement are worth a total of US$4.37 billion. The Colombian Government hopes that financing will be secured for a further two projects by the end of 2017. However problems with regard to the financial irregularities surrounding the Ruta del Sol II project have yet to be dealt with fully. In addition to the major road projects envisaged by the 4G programme, the CCI is also calling for improvements to Colombia’s tertiary roads however.