Colombia bets on $20bn infrastructure plan to boost economy

Colombia is betting on 79 infrastructure projects worth $20 billion to boost the economy over the next decade. Of the total, 40 projects are expected to be finished by 2022. A key objective of this plan is to maintain an average infrastructure investment level equivalent to at least 3% of GDP until 2030. Another goal is to reduce logistics costs from 13.5% of all sales to 9% by 2030. Of the total investment, $4.1 billion will go to the remainder of the 4G highways program.

Source: Bnmericas