DBP crafts financing package for public transport entities Colombia

  • DBP crafts financing package for public transport entities Colombia
  • DBP crafts financing package for public transport entities Colombia
  • DBP crafts financing package for public transport entities Colombia
  • Why is public-private partnership important for Colombia's transportation projects?
  • Although intended for all contracts, this new methodology will be especially critical for Colombia’s transportation projects. A priority for the government since the early 2000s, Colombia increased transportation infrastructure investment almost by 50 percent of GDP from 2000 to 2014, using an effective public-private-partnership (PPP) program.
  • How has Colombia made transportation infrastructure a priority?
  • Colombia has made transportation infrastructure a priority, investing US$24 billion to create a nationwide toll road network. The Colombian government has partnered with the World Bank's Government Debt and Risk Management (GDRM) Program for developing a new methodology to better manage the fiscal risks of infrastructure.
  • How did the PPP program affect the Colombian government?
  • In the early stages of the PPP program—until 2004—obligations for demand guarantees in electricity, telecommunications, and highways resulted in cumulative payments of 2% of GDP, prompting the Colombian government to explore methods to improve risk assessment and mitigation of contingent liabilities from the infrastructure projects.

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