With a long-established track record as the continent’s largest financial platform and one of the world’s biggest mining producers, South Africa has significant economic clout in the region.
Growth in Colombia’s transportation sector has traditionally been driven by the nation’s sizeable population and the various industrial centres spread over numerous large and medium-sized cities. In recent times, economic growth and trade liberalisation have added demand for international traffic, providing domestic transporters with an opportunity...
Bogotá’s revolutionary bus rapid transit system (BRT), known as Transmilenio, has been copied throughout the region, significantly reducing commuting times, city traffic and carbon dioxide levels in congested cities such as Mexico City, Lima and Sao Paulo. Medellín, Colombia’s second-largest city, has gained international recognition for its...
Growth in domestic and international air travel has exceeded that of the national economy in recent years. In 2012, when Colombia’s GDP grew by 4%, the number of airline passengers (measured at the level of airport traffic) grew by 14.5%, reaching 24.7m, according to the Colombian Air Transport Association (Asociación del Transporte Aéreo, ATAC)....
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