Colombia eyes special project finance for the 4G road programme

Colombia's Ministry of Finance is evaluating the use of project finance arrangements to fund the government-backed 4G road development schemes. However, regulations will have to be put in place before such arrangements can be made, according to a report by the Colombian financial newspaper Portafolio. The 4G programme consists of 45 road projects divided into three waves of development under the public-private partnership (PPP) scheme, with another category set up for private initiatives. The budge
January 6, 2017 Read time: 1 min
Colombia's Ministry of Finance is evaluating the use of project finance arrangements to fund the government-backed 4G road development schemes.

However, regulations will have to be put in place before such arrangements can be made, according to a report by the Colombian financial newspaper Portafolio.

The 4G programme consists of 45 road projects divided into three waves of development under the public-private partnership (PPP) scheme, with another category set up for private initiatives.

The budget is around US$18.15 billion that must be invested by 2020. So far, 30 projects have been approved, of which 29 have been awarded by the National Infrastructure Agency (ANI).

Recent analysis by the ministry of the financial closures for the first wave of 4G schemes shows that 47% of funds will come from banks. But challenges exist, such as a limited pool of backers and developers.
Finance & Funding

Related Content

  • Australia's huge transport investment
    February 29, 2012
    The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.
    Read More
  • Colombia road plans for capital Bogota
    December 14, 2016
    Colombia’s capital Bogota looks set to gain from key road projects, with te country’s National Infrastructure Agency (ANI) unveiling detailed plans for upcoming works. Plans are being worked on for the widening of the 53km road linking Los Andes and Cajica with the construction of an extra lane. This is a US$$156.56 million project and will be funded by private sources. The pre-feasibility study for the Autopista Norte road extension has already passed the approval stage and this project will also be funded
    Read More
  • Australia roads alliance
    April 16, 2012
    A huge infrastructure programme is being planned at present for the Australian state of Queensland With an annual growth rate of around 3.2%, Queensland is the fastest growing state in Australia and has been for over a decade. The State attracts an average of 1,500 new permanent residents each week, 1,000 of whom move to the South East corner.
    Read More
  • India’s highway financing programme planned
    November 30, 2016
    A budget of US$8.97 billion has been set as the limit on borrowing for India’s highways development programme for the 2017-2018 fiscal year. The financing agreement has been made by the National Highways Authority of India (NHAI), acting through the country’s Ministry of Road Transport and Highways. This substantial budget comes in spite of fewer projects being awarded as well as less financing having been secured during 2016. In the April to October 2016 the NHAI awarded contracts for 2,330km of highways.
    Read More

Highlighted Content