Japan’s Sumitomo Mitsui bank has pulled $250 million in financing from Colombia’s Magdalena River navigability project, as majority stakeholder Odebrecht faces corruption charges, the Colombian government said on Tuesday. Odebrecht…
The United States’ leading aid agency, USAID, has pledged $1.2 million toward the construction of two educational parks in Colombia’s northwestern Antioquia state, according to El Colombiano newspaper.
Colombia’s system for awarding public contracts is massively corrupt, according to protesters from the engineering sector. What was labeled the “‘Firmathon’ for the Dignity of Colombian Engineering” was in fact…
The president of the National Association of Businessmen (ANDI) said the government could have avoided Colombia’s economic downturn through more effective strategies aimed at curbing the effects of the global…
Medellin inaugurated Colombia’s first mega-escalator Monday for swifter passage up the hillside of the city’s most dangerous district, Comuna 13. The $6.9 million dollar public works project is the first…
Medellin’s most dangerous district, Comuna 13, will be the new home of Colombia’s first giant escalator, the only one in the world built for public access in a poor area.…
Multinational corporations presented proposals to the Colombian Ministry of Transportation to improve competitiveness and permit more foreign investment in the transportation sector, reported La Republica Wednesday. The multinationals proposed changes…
Colombian Transport Minister German Cardona said that public works contractors from now on will only receive state money for progress made in projects, due to repeated instances of failure to…
The Bogota Comptroller’s Office has opened fiscal responsibility proceedings against the former and current directors of the city’s Urban Development Institute (IDU) for failure to comply with public infrastructure contracts. The…