Colombiano xx
In: Schvarzer; J. Joshua D. Former Classification. In , the Congress issued Law 29 for railroads and Law 88 for highways, which modified almost all the previous laws issued on this matter before Coffee railroads were the group of railways that cross the coffee producing region of the country; this group included the railway of: Antioquia, Cucuta, Girardot, Tolima, Pacifico, and Dorada.. In addition, all the railroads saw their revenue drop as of the late thirties due to an important reduction in freight and passenger rates brought on by the government's regulation of railway fares Fig. Railroad Year Antioquia 11, 83, , , , , , , 1,, Barranquilla 76, 96, , , , , Caldas 41, 61, 83, 91, , , Cartagena 34, 39, 64, , 72, 84, 57, 88, 56, Norte sec. The rates of return on the railroads constructed and extended in the s are comparable to those obtained for European countries in the nineteenth century.. Colombian railroads: rate of return of investment RR a percentage.. Edited by Sara Hsu. The next section will examine this issue. Four main factors contributed to the rapid pace of economic growth during the first half of the twentieth century: export growth, foreign loans, advances in transport infrastructure, and import substitution industrialization.
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