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LatinNews Regional Monitor: Andean Group - 22 November 2018
Private foreign capital: A priority to improve Colombian infrastructure
As part of efforts to bridge the gap in infrastructure financing, back in 2012 Colombia approved a law (law 1508-2012) reforming public-private partnerships (PPP). The Ley de Asociaciones Público Privadas, or PPP law, sets out the structure for PPP contracts, the process for evaluating and approving a project and the roles and responsibilities of the different entities involved in the project cycle. While several projects have been financed under this new scheme, Colombia still faces challenges in competing for global infrastructure investment.
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