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Following a challenging three-year period characterised by an oversupply of new homes and a growing housing deficit, data from late 2018 and early 2019 indicate the beginning of a revival in the Colombian real estate market. While inventories from the pre-2016 construction boom underscore the old mismatch between developer interests and the...

 

Colombian cities are currently home to close to 80% of the country’s population, with the number expected to reach 83.4% in 2035, according to the National Administrative Department of Statistics. Despite efforts to develop efficient public transport solutions, rising urbanisation rates and increasing demand have outstripped supply,...

 

Across the globe the urban transportation sector is experiencing rapid expansion, driven by economic growth and a global demographic shift towards urbanisation. Politicians, urban planners and private sector actors are working together to find new solutions for reducing congestion and increasing the speed and efficiency of urban transport. As...

 

The Fourth Generation (4G) road infrastructure programme forms a central part of the government’s strategy to integrate the transport infrastructure and link industrial centres to major ports. However, the plan, which originally envisioned the construction and rehabilitation of 7000 km of new roads and over 40 highway projects, has experienced...

 

What challenges does Colombia’s urban transport face, and what is being done to overcome them?

 

Despite slowing regional and global growth, Colombia saw its GDP rise 2.7% in 2018, up from 1.4% in 2017, according to the IMF. An important driver of this expansion of the economy has been rising investment in the transport and logistics sector. While the majority of investment comes from the private sector, state investment has also risen,...

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