Going for growth: Insights on Colombia’s building sector
Colombia is finally paying some much needed attention to it’s deteriorating infrastructure and system of pot-holed roads.
Finance Minister Juan Carlos Echeverry also highlighted the country’s infrastructure in a recent interview: “For 30 years, Colombia has not paid attention to the infrastructure. We paid attention to education, health care and pensions — and the war. Now we are getting back to building the infrastructure,”
The Prosperity Highway is one of the big projects earmarked for local and national investment, and will link Colombia’s interior state of Antioquia with ports on the Pacific Coast on the West and the Caribbean in the North, as well as major cities in Colombia and beyond. It will play a crucial role in connecting tourists, carrying materials to trade routes and key ports, and facilitating the booming mining and natural resources industry.
The projects will not only benefit infrastructure companies, but others too. The projects will need financing, and BanColombia could be one source that infrastructure companies reach out to. For suppliers, cement companies will be among the major beneficiaries. Cementos Argos is likely one of those.
Hear from all of the above at the Colombia Investment Summit on September 19th in Bogota.