ith a $20 billion strategy geared toward re-
vamping Colombia's limited transport infra-
structure, the country is tackling a number of
ambitious projects that will create an updated infrastructure
capable of meeting Colombia's growing needs for travel
The boost in funding – generated by investments by in-
ternational businesses as well as an increase in GDP spend-
ing – is the largest infrastructure plan in Colombia's history.
It's important for the economic future of the country, which
faces challenges from mountainous geography and poor
roads. The country's current infrastructure burdens busi-
nesses due to increased operation costs, which put Colom-
bia at a competitive disadvantage in the marketplace. Out
of 142 countries, Colombia ranks 108 in quality of roads,
109 in quality of port infrastructure and 94 in quality of air
transport infrastructure, according to the country's Ministry
The promise of infrastructure funding is good news for
the country's top contractors, including Mario Huertas
Corporation (MHC), which has been a key player in the
development of Colombia's infrastructure since the 1920s.
Mario Huertas Corporation won a $400 million, five-year highway contract to design
and build this major part of the country's infrastructure.
16 April 2014 Better Roads