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The investment builds upon a pre-existing partnership with IDB and will target infrastructure financing.

Following an initial investment of nearly $40 million USD (113 billion pesos), the flagship Caltek plant will be located in Puerto Triunfo.

In all, some 11.98 million tons of gray cement were shipped in 2017 compared to 12.1 million in 2016.

Puerta del Hierro-Palmar de Varela and Carreto-Cruz del Viso have broken ground.

“They say they want peace, but they contradict that fact,” stated President Santos, adding "it will be very difficult to resume the dialogues.”

The funds will significantly reduce the interest rate of some 77,000 mortgages that officials say will be generated by plan.

The increase was driven largely by a 5.94% spike in labor costs and 4.38% rise in the cost of materials.

Clemente del Valle of FDN will offer his outlook for Colombia’s 4G infrastructure projects and detail the governmental strategy to attract further investment.

Fitch Ratings recently rated P.A. Concesion Ruta Al Mar’s 522 billion Colombian peso senior secured notes due in 2044 at BBB- with a stable outlook.

Argos and Holcim have issued statements denying any wrongdoing and said that they disagree with the findings of Superindustria.