The Highway Project for Colombia will provide a loan of $16.5 million to the Colombian Ministry of Public Works to purchase from abroad construction equipment and materials and to pay for the services of engineers and contractors for a highway rehabilitation program. Highways are the most important transportation routes in Colombia. They carry a greater volume of traffic than any other form of transportation in the country. Currently, the highway system is in poor condition and inadequate to serve the commercial and commuting passengers in Colombia. The project will help to resolve this problem by constructing 155 kilometers of new roads and reconstructing 2,906 kilometers of trunk highways. These improvements will modernize the highway system in order to provide safe and reliable transportation routes for travelers in Colombia.
Details
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Document Date
1951/04/30
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Document Type
Memorandum & Recommendation of the President
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Report Number
P17
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2010/06/24
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Disclosure Status
Disclosed
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Doc Name
Colombia - Highway Project
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Keywords
foreign exchange;contracts for highway;balance of payment;agriculture and industry;trunk highway system;restrictions on imports;rates of exchange;foreign exchange receipts;highway maintenance;exchange rate;Exchange Rates;repair shop;domestic output;adverse conditions;market circumstances;integrated development;fiscal position;budget surplus;foreign payment;peak year;highway program;national highway;departmental road;excessive rain;transport cost;effective systems;equipment purchase;official parity;Effective Date;technical appraisal;political situation;political tension;currency cost;
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Citation
Colombia - Highway Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/208281468240887809/Colombia-Highway-Project