Technical Assistance for Government Debt & Infrastructure Finance - Colombia

The goal of this project is to support increased private sector investment in infrastructure in Colombia which is key to promoting economic development by developing a transparent, attractive PPP enabling environment and enhancing the Ministry of Hacienda's and its PPP Unit's capacity to manage the PPP process and fiscal obligations.

Project activities include 1) assisting Haciendas PPP Unit improve their ability to oversee, monitor, and value PPP contingent liabilities; 2) developing appropriate risk allocation models for new sectors; 3) working with contracting entities, including sub-sovereign governments, to develop well-structured projects, as well as appropriate fiscal controls; 4) improving the PPP processes, particularly in new industry sectors; and 5) assisting FDN in updating its internal credit risk management system [Sistema Administracin de Riesgo de Credito (SARC)] in support of a strengthened corporate lending credit policy.