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Institute of Urban Development, Bogotá

Institute of Urban Development, Bogotá

To guarantee efficient and effective urban development and project infrastructure, the Ministry is dedicated to ensuring the functionality and safety of the country’s roads, bridges, and ports. The Ministry is responsible for contributing the welfare and the quality of life of the city’s inhabitants. The IDU (Institute of Urban Development) has implemented a comprehensive urban infrastructure plan for 2020 in support of the city’s sustainable growth and progress. Economikr assisted in the development of an urban pavement management system, under contract to T&M, including developing and calibrating an urban vehicle operating cost module using HDM-4, which is still considered to be a novelty in the field.


economic feasibility, economic feasibility study, transport economics, energy economics, environmental economics, economic consultant, economic consultancy, economic analysis, master plans, asset management systems, pavement management systems, economic evaluation, ranking and optimization, demand and supply assessment, demand and supply forecasting, economic modeling and research, benefit/cost analysis, economic performance indicators, development impact, investment optimization, economic models, engineering models, multi-modal analysis, forecasting tools, economic appraisal and evaluation, Pavement Management Systems, Road Management Systems, Port Management Systems, Bridge Management Systems, budget analyses, cost-benefit analyses, evaluation of transport infrastructure, market structure assessments, project planning and budget prioritization programs, prioritization, ranking, World Bank, HDM, economic impact analysis, road safety