Resumen de Colombia: : Project finance challenges

Carlos Fradique-Mendez, Laura Clara Loaiza

• The article reports on several challenges encountered by concessionaires and sponsors when looking to obtain enough funding to complete toll-road projects in Colombia. Topics covered include the participation of multilateral international institutions and the Financiera Nacional de Desarrollo, the devaluation of Latin American currencies, and the implication of increasing foreign financing element in the projects.