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Colombia's Transport Infrastructure: On the Road to Maturity

Colombia's Transport Infrastructure: On the Road to Maturity

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Although significant progress has been made on the institutional front, multimillion dollar investment plans to reduce Colombia's shortfall in transport infrastructure still face uncertainties and delays. Investments in transport infrastructure have remained close to 1% of GDP, but the private sector says closer to 3.55% is required. The main needs are in the road and rail networks. Along with pressing ahead with the latest wave of 4G road concessions, the Santos administration is working on an intermodal transport master plan that will set priorities for investment in different sectors, with long-term objectives.

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