Private financing for 'social leap.'(Colombian government seeks to attract private investment)

Article Abstract:

The Colombian government is seeking to attract private investment in infrastructure. The plan involves an investment of $22 billion in social projects and an additional $17 billion in infrastructure, with a further $12 billion to come from the private sector. Almost $5.5 billion will be geared to developing oil fields. The government also aims to attract investors to construct and manage pipelines and is seeking to attract foreign companies into refining.

Construction, Petroleum, Petroleum and Coal Products Manufacturing, Infrastructure (Economics), Economic policy

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Colombia may privatise power plants

Article Abstract:

The government in Colombia is aiming to increase the country's generating capacity by 2,696 MW before the year 2000, and it wants to reduce its reliance on hydro-electricity with the increased use of coal and gas. Gas has recently been discovered in large quantities in Colombia and is particularly significant. However may key projects may be delayed as negotiations with private companies have encountered problems.

PETROLEUM AND COAL PRODUCTS, Energy, Utilities, Energy industries, Power resources, Energy industry

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Colombia considers transoceanic canal

Article Abstract:

Colombia is planning a new transoceanic canal near to the Panamanian border, competing with the US owned Panama Canal. A rail link between the two seas, or a conventional water canal are being considered in a study of possible schemes. However the plan has been criticised as impractical and is seen by some as an attempt to divert attention from the current political crisis in the country.

Water transportation of freight, not elsewhere classified, Inland Water Freight Transportation, Canals

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