China may pave the road ahead for Latin America

Driving in Bogota can be a roller-coaster-like experience, and not only because it is the second-highest capital city in South America at 2,640 meters above sea level.

The barely avoidable potholes on both major and small roadways are likely to reduce one's motoring pleasure when touring the beautiful city, which has been called the Athens of South America.

Colombia's infrastructure is among the worst in Latin America, according to a World Economic Forum Global Competitiveness Report released last year. The report also noted that it is the second most problematic factor for doing business in Colombia.