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    Published on Monday, May 27, 2024 | Updated on Wednesday, May 29, 2024

    Colombia | Pedaling Toward Economic Revival

    Summary

    Colombia's economy grapples with recovery challenges. Proposing an infrastructure plan to link regions, cut logistic costs, and drive housing, business hubs, and energy projects. Public-private collaboration is paramount.

    Key points

    • Key points:
    • Economic recovery strategies are already established; we must resort to traditional methods, proven effective in the past.
    • Regional disconnection hampers productivity; a national infrastructure plan is pivotal for short-term growth and long-term cost reduction.
    • Colombia possesses available resources for impactful regional ventures, encompassing road enhancements, tourism infrastructure, and healthcare and educational facilities.
    • Infrastructure development transcends mere concrete; it's about catalyzing growth across sectors and facilitating entrepreneurial expansion.
    • A comprehensive approach is imperative: housing schemes, logistical hubs, renewable energy initiatives, and agricultural optimization, necessitating collaboration between public and private sectors.

    Geographies

    Topics

    Authors

    Mauricio Hernández BBVA Research - Principal Economist

    Documents and files

    Press article (PDF)

    20240525_Columna_LaRepublica_Reactivacion_MH.pdf

    Spanish - May 27, 2024

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