As construction activities regain momentum the real estate market has closely followed, driven primarily by a strong demand for housing and a healthy mortgage system granting access to property over a long-term period. Most indicators suggest the market is coming to a mature stage where booming numbers are not the only positive signs. Nonetheless,...
Public-private partnerships (PPPs) are no novelty in Colombia’s efforts to develop its infrastructure network. Since the early 1990s, a number of projects have been awarded under contractual structures that were amended with each “generation” – currently fourth – of public contracts on offer. However, for a number of reasons, the models have failed...
Land allocation ranks as Colombia’s most pressing challenge in agricultural development, as well as playing a vital role in efforts to secure national unity. Since the early days of Spanish colonisation, the highly-concentrated agricultural lands have been a cause of political instability, with land distribution in Colombia among the most unequal in...
Immeasurable is the word Jorge Enrique Gómez used to describe the future of Colombia’s Atlantic coast. The president of regional real estate association Lonja de Bogotá, Gómez told OBG that the strip connecting Cartagena to Santa Marta holds large development potential and will no doubt receive an influx of national and foreign investment in the...
Since the 1990s Colombia’s strong push for economic growth has substantially contributed to development via exchanges with key international markets. However, this has also put many local industries in a position where they compete with international giants that often have more experience, economic advantages and occasionally unfair export practices...
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