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Colombia to invest $2.2B in road infrastructure

Colombia’s Infrastructure Agency announced a plan on Friday to invest $2.2 billion on new roads in the country.

Director of the National Infrastructure Agency Luis Fernando Andrade officialized the scheme which will begin at end of the year with the construction of six new road projects, reported La W Radio.

The first six roads constructed will include a dual carriageway between the northern cities of Barranquilla and Cartagena.

The agency expects to complete the project in the first half of 2014 with 60% of the funding for projects coming from revenues and the other 40% from the government.

From Colombia Reports

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Rico

"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!