Better Roads

April 2014

Better Roads Digital Magazine

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Page 17 of 31

HighwayContractor W 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 and trade. 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 of Transportation. 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. Four-Lane Road Behind the Design of Colombia's First 16 April 2014 Better Roads

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