Colombia Floods Focus Infrastructure Agenda

Colombia Floods Focus Infrastructure Agenda

Colombia Equity Funds Economy & Policy

by Amy Stillman  Since former president Álvaro Uribe poured a recession-busting $24 billion into infrastructure development in 2009-2010, Colombia has made strides in improving its notoriously poor transport network. But the Andean country will need to spend a further $42.1 billion on transport infrastructure in 2011-2018, according to the latest data from the ministry of transport. Industry experts believe that last year’s flooding provides the impetus to fast-track the process. "The government was working on attracting infrastructure investment from institutional investors, and that work coincided with the flood situation in the northern part of Colombia," says Carlos Um

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