two important milestones for the 4G infrastructure plan

COLOMBIA - In Brief 22 May 2014 by Andrés Escobar Arango

1. The State Council, one of Colombia's high courts, lifted the freeze it had imposed on the process to sell the National Government's stake in Isagén. The new timeline to complete this process will be released by the Ministry of Finance in a very short period of time. The resources resulting from the sale of Isagén will go to the National Development Fund and will be used to partially finance the 4G plan 2. The first project in the 4G plan was awarded today to a Colombo-Portuguese consortium. Two more projects to follow in the next few weeks.

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