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Spain offers itself as Colombia’s great ally in infrastructure area

Madrid could be Colombia’s great ally in developing its infrastructure, Spanish Development Minister Ana Pastor said on Monday upon initiating a two-day visit to the South American country.

The visit, the minister said, is aimed at “strengthening the links for exchanging experiences and the improvement of Spain’s position ... to be useful” to Bogota in its plan to modernize its highways, ports, airports and railways.

Colombia has designed an ambitious plan to build infrastructure whereby it aspires to emerge from its chronic backwardness in this sector. Occupying a priority position in the plan is the Fourth Generation of Highway Concessions, which includes about 40 projects valued at $25 billion that will be carried out over a five-year period. Pastor noted on Monday that “more than four Spanish companies have already obtained concessions” for Colombia’s new highways.

Spain offers itself as Colombia’s great ally in infrastructure area