The IFC has said that the city has the potential to become the regional leader in the implementation of the model if it can bring all its PPP projects to fruition.
Concessionaire Coviandes will fully finance he reconstruction of the bridge on the Bogotá-Villavicencio highway.
Services could be provided by a well-designed system of concessions linked with economic incentives.
Energy minister Wellington Moreira Franco expects the privatization of the state-run power company to be approved this year despite opposition in congress.
GIC and IFC are expected to increase their shares in the company via a capital increase, according to a report.