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With a number of projects initiated in 2013 and more to come, Colombia is aiming to shrink the gap in its road, port, rail, and airport infrastructure. More and more opportunities have opened up for private initiative and investment, while authorities are working to overcome institutional barriers and inefficiencies to make the final leap the country needs to boost its competitiveness and continue its recent economic opening.
INCLUDED IN THIS MONTH' EDITION:
The Fourth Generation of Concessions program stands out for the magnitude of its investments: around US$24.4 billion to add 7,000 km of highway.
Investments of US$1.2 billion are expected in the coming years for the expansion of existing ports and new concession requests.
Private sector enthusiasm
Private sector investment and initiative in transport infrastructure should grow from around US$3.181 billion in 2013 to around US$6.893 billion in 2015.
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