Colombia sets aside $1.2 billion for road developmentsChristian Fernsby ▼ | July 8, 2019
A new budget for road development works has been set for Colombia’s Arauca, Boyaca, Casanare, Cundinamarca, and Santander departments.
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For the 10 year period from 2019 to 2029, some $1.2 billion is being budgeted for developing road infrastructure as well as tourism facilities in the respective departments.
Of this budgets, around 2/3rds will be provided by the Colombian Government.
Local authorities will be expected to provide the remaining 1/3rd. ■