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Colombia will invest more than US$ 118 million to reactivate the railway network
Thursday, March 14, 2024 - 09:00
Foto: Mintransporte Colombia.

This line of action of the Government opens up as an opportunity for the logistical and competitive efficiency of regions that for decades saw the possibility of progress and connectivity in this environment.

The Colombian Ministry of Transportation, through the National Infrastructure Agency (ANI), has announced an investment of US$ 118.4 million to reactivate the railway network.

This investment translates into five contracts signed to guarantee the operation of the railway corridors while the long-term structuring of public-private alliance projects is carried out that will connect the center of the country with the Pacific and the Caribbean.

This line of action of the Government opens up as an opportunity for the logistical and competitive efficiency of regions that for decades saw the possibility of progress and connectivity in this environment.

In addition, the consolidation of railway projects generates a 26% reduction in the costs of transporting produced goods and raw materials both in the domestic market and in imports and exports.

"The railway reactivation is no longer a dream, it is a reality. With signed contracts and ongoing studies, we are preparing the ground for a Colombia connected from north to south and at the level of great logistics powers," stated the Minister of Transport, William Camargo, during the presentation of the plan for railway reactivation.

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Europa Press