Paving the road for Colombia
With an infrastructure master plan that will see COP54.8bn poured into Colombia’s road network alone, the future for the country’s cement industry is positive. Anticipating sustained market growth, existing and new players are expanding production capacity and in some cases, phasing out old, wet-process technology. By Bancolombia, Colombia.
Back in May 2014, Bancolombia wrote an article about the future of the Colombian cement and infrastructure sector titled ‘Crossing the Andes’, in which the author was positive regarding the government infrastructure master plan that sought to recover the competitiveness of Colombian enterprises. This master plan had a special focus on the road network through an ambitious plan called the fourth-generation (4G) road concessions programme, worth around COP47bn (at the foreign exchange rates of that moment), that aims to build and repair about 8000km of roads throughout the Colombian territory.