What port management upgrades are needed to meet the projected increase in demand? COSTA: Colombia’s defective transport infrastructure has a direct impact on its competitiveness, logistics performance and, more generally, on its potential for economic growth. In order to achieve the necessary upgrades, Colombia needs to invest in...
The cities of Colombia are becoming increasingly connected, thanks to new urban transport systems that are being built to meet demand from a rising number of daily commuters.
In the current context of lower commodity prices, the need to improve national transport networks has become even more important, as Colombia works to boost its competitiveness at the international level. Although the transport sector grew by 4.1% in 2014, in June 2015 the National Association of Financial Institutions forecasted that the sector would grow by 2.9% that year, a reflection of...
Despite continuing external headwinds, in particular the significant drop in the price of oil since mid-2014, the Colombian economy remained resilient in 2015, expanding by 3.1%.
The transport sector is set to be one of the major recipients of investment from a $10bn GCC fund announced to help Bahrain after a GCC meeting in Riyadh in 2011. Four years later, the country’s wealthy neighbours Kuwait, Saudi Arabia and the UAE began to supply the money for substantial transport projects, and contractors broke ground on the...
What are the steps Gulf Air is taking to improve the financial situation of the airline?
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