Excerpt from Commercial Intelligence Journal, 1928, Vol. 38
The railways of Colombia have in the past been largely built, financed and operated in easy and profitable places by English companies, under concession contracts. Since the war, however, the Government have been borrowing money and constructing national lines, and there is a disposition to expropriate private railways or not to renew expiring concessions. Private owners are accordingly Spending the minimum on upkeep and are making no improvements. There are seventeen separate railways in Colombia, but as a Bogota banker pointed out, they all run nowhere, the placating of competing communities and interests rather than a bold and consistent economic policy for the country as a whole having frequently dictated construction. In the past five years roughly $80, have been spent on railways in the Republic; there are kilometres of national railways and 300 kilometres of privately owned. Instead of building from the coast and letting the railways do their own constructional haulage, the materials are carried expensively inland, building radiating outwards.
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