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Colombian construction machinery market opportunities

2013-10-10

Latin American economic powerhouse Colombia now being vigorously to build infrastructure, and recently launched the investment amounted to $ 7.4 billion in highway construction projects.
Colombia continues to increase infrastructure projects is expected to drive Chinese building materials and construction concrete mixing plant products are exported to the country market.
It is reported that the Colombian government recently launched a series of highway construction project tender. The scale of investment in highway 14 trillion pesos ($ 7.4 billion), the investment period of more than ten years. Project funded by private investors and the government. 
According to the Colombian Ministry of Finance official said the project involves nine parts, investing 14 trillion pesos, duration over a decade. These funds will be used to improve several lots, new road construction and the construction of many tunnels. 
The series includes the construction of two-lane highway 838 kilometers, construction of a new bridge 63 kilometers, 90 kilometers to get through the tunnel.
Colombian government hopes that by 2016, the country's total GDP in infrastructure investment will account for about 3% -6%, while accounting for only 1.5% of total GDP.
It is understood that in recent years, increasing Colombian infrastructure, is currently being implemented fourth generation concession construction projects bidding. Its fourth generation construction projects valued at approximately $ 23.2 billion, including 30 public infrastructure projects. 
As the fourth largest economy in Latin America, Colombia, to spare no effort in recent years to build infrastructure, building materials and construction machinery will drive demand for the product. Especially concrete brick making machine, concrete mixer machine needs. In the implementation of these infrastructure projects in the process, the Colombian government has always attached great importance to attract Chinese enterprises to invest in the construction project, and as the prices in the country's investment in China's cement, steel and other building materials and construction machinery products are better the opportunity to enter into the Colombian market.

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