The first concession in Colombia’s $24 billion plan to revamp its highways drew offers from two out of ten potential builders, as the government failed to entice the other bidders by offering sweetened terms.
Colombian President Juan Manuel Santos’s allies retained control of Congress in elections yesterday, bolstering his bid to secure a peace deal with Marxist guerrillas who have been fighting the state since the 1960s.
Gemfields Plc, the world’s top emerald producer, is scouring for assets in Colombia where the government is seeking to halt a drop in output and prevent a new mafia war in the country’s colored-gemstone heartland.
Enrique Penalosa, the former Bogota mayor who introduced the city’s mass transport system, is favored to win Colombia’s presidential election this year just one week after being nominated, according to a new poll.
Colombia’s administration is turning a blind eye to Venezuelan government repression in a bid to keep peace talks with Marxist guerrillas on track, according to presidential candidate Oscar Ivan Zuluaga.