Notable progress has been made in expanding the country’s road system, and increasing port and air transport capacity. Furthermore, new projects are set...
Transport
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Chapter | Transport & Logistics from The Report: Colombia 2019
Since the drop in commodity prices in 2014, Colombia’s economy has been recovering and is set to expand in 2019 and 2020. In May 2018 Colombia was invited to become the 37th member of the OECD, a positive development that should increase the country’s international political and economic prominence in the coming decades. However, challenges to ensuring Colombia’s continued economic progress remain.
The commitment of Peru to meeting its transport and logistics needs is apparent in the FY 2019 budget. The Ministry of...
Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.
Better transport networks are not only key to fulfilling the country’s ambitions to raise trade volumes with international markets; they will also be useful in properly managing the ongoing urban development taking place across many parts of the country. To reach these goals an increase in private investment participation is required. Moreover, for Egypt to maintain its position as a global...
As Egypt is the most-populous Arab nation and third-most populous in Africa, population pressure is driving the nation’s economic agenda, with an estimated 3.5m young Egyptians entering the labour force by 2023. Recent years have seen an array of public initiatives aimed at encouraging private sector activity, but these remain hampered by a challenging economic backdrop and structural hurdles.