Colombia has remained in the sights of large construction companies, infrastructure operators, investment funds and banks for the size of its famous program of public-private partnership (PPP) projects for fourth Generation (4G) roads. A large part of this pipeline is made up of private initiatives.
The Colombian PPP model was not only designed to execute the 4G, but has also been used in airport and rail projects. Investment opportunities are vast. According to the Master Plan for Intermodal Transportation (PMTI), which establishes long-term objectives, Colombia needs investment of 208 trillion Colombian pesos (US$72 billion) by 2035.
There is a lot of interest on the part of the private sector, but an important conditioning factor will undoubtedly be the result of the presidential elections at the end of May.
Elections to determine the president in the 2018-2022 period will be held on Sunday, May 27 and if none of the candidates gets half plus one of the total valid votes, a second round will be held on Sunday, June 17.
There are a variety of competing coalitions that support a dozen candidates and at the moment no one has taken a clear lead.
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