National lanning Department www.dnp.gov.co
ublic rivate artnerships Regulatory Framework and roject ortfolio July of 2015
Content 1. Colombia s macroeconomic overview 2. Colombia s Infrastructure 3. Law Legal Framework 4. roductive and Social roject ortfolio ublic Initiative 5. roductive and Social roject ortfolio Unsolicited roposals www.dnp.gov.co
1. Colombia s macroeconomic overview
Colombian Geography and Demography Easy access point. Central location between Mexico, Caracas, Miami and Lima Colombia is a Democratic, constitutional republic comprising thirty-two departments. The Capital and largest city is Bogotá. TOTAL OULATION 48,2 million rincipal Cities: Bogotá (8,9 million) Medellin (3,4 million) Cali (3,1 million)
2000 2001 2002 2003 er capita GD has triple its value since 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013(p) 2014(p) 9.000 8.000 GD per capita (USD) 7.930 7.000 6.000 5.000 4.000 3.000 2.262 2.000 1.000 0 Data Source: from IMF Banco de la República - DANE
Colombia has a bigger GD than its peers in the LA region GD 2014 (USD Billions) 2.500.000 2.000.000 1.500.000 1.000.000 500.000 Colombia 377.740 Mil Mill. USD Colombia s GD represents the 8% of the Latin American and the Caribbean GD. Colombia s GD represents: 16% of Brazil 29% of Mexico 70% of Argentina 0 Source: Data from IMF Banco de la República
14 In 2014 the Colombian economy reached a growth of 4,6%, very similar to the figure projected by the government 12 10 8 6 4 2 4,6% 3,6% 2,4% 1,9% 0,1% 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014-2 Colombia Chile eru Brasil Ecuador Latin America shows a slowdown in its economic growth of 1,3% in 2014, explained by lower performance such as Brazil but offset by good results as the Colombian (4,6%) and Ecuadorian (3,6%). Source: Data from IMF Banco Mundial
Inflation in June 2015 is above the range 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015(p) Inflation 5,00% 4,00% 3,00% Total Inflation Min Título del gráfico Inflation without food Máx 4,42% 3,72% 10% 9% 8% 7% 6% 8,8% 2,00% 5% 4% [VALOR] 1,00% 3% 2% 0,00% 1% 0% The increase in food prices, particularly perishable (potato) and some processed foods such as rice along with the transfer of the peso depreciation to domestic prices, explained most of the increase in overall inflation in the first quarter of the year. Data from Banco de la República - DANE Source: DANE
2002 2003 2004 2005 2006 2007 2008 2009 Since 2011 Colombia has attracted more FDI 2010 2011 2012 2013 2014 2.134 3.116 FDI 2002 2014 USD Millions 10.235 6.751 10.565 14.648 6.430 16.257 Colombia s main investors 2002 2014 United States USD 26.491 millions Share: 32% United Kingdom USD 16.809 millions Share 20% Chile USD 4.856 millions articipación 6% Spain USD 9.316 millions Share 11% FDI will be kept around 3% of GD, which is consistent in the context of low petroleum prices where investments in the oil sector will be reduce. Source: BANRE
ositive Investment Environment Doing Business Ranking Variation 2007-2015 Easy of Doing Business Rank Colombia 45 Colombia 34 erú 30 erú 35 anamá 29 México 39 Ecuador 8 Chile 41 México 4 anamá 52 Brasil 1 Ecuador 115 Chile -13 Argentina -23-40 -20 0 20 40 60 Brasil Argentina 120 124 *ositive Values show ranking improvements in business environment. Colombia is ranked 34 reflecting significant protection to investors. Data source: Doing Business Reports 2007-2015
% 2001 2002 2003 2004 2005 Unemployment Rate (%GD) is in permanent decline 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 (p) 16 15 14 14,98 15,54 14,10 13,64 Unemployment rate ended June 2015 in 8,9% 13 12 11 11,81 12,03 11,20 11,27 12,03 11,78 10,84 10,38 10 9 9,65 9,11 8,90 8 * Rate of unoccupied people of the economic active population Data source: Banco de la República, DANE
US Million 2001 2002 2003 2004 2005 2006 2007 2008 Colombia s trade balance 2001 2015* 2009 2010 2011 2012 2013 2014 2015 (pr) 100.000,00 90.000,00 80.000,00 83.441,94 70.000,00 60.000,00 60.106,50 50.000,00 40.000,00 Exports Imports 30.000,00 20.000,00 10.000,00 0,00 *rojected value of 2015 was made considering the Medium Term Fiscal Framework Data Source: Banco de la República, Ministerio de Hacienda
% IB 2001 2002 2003 Gross Fixed Capital Formation (%GD) 2001 2014 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 27 26,01 25 23 21 20,22 22,40 23,03 23,49 22,44 23,88 22,13 23,85 24,17 19,44 19 18,68 17 17,25 15 16,03 Data Source: World Bank
2001 2002 GD growth has been marked mainly by the construction sector 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 14,00% 12,00% 10,00% Good performance of this sector is mainly explained by an increase of 12,1% in civil Works. 11,60% 9,90% 8,00% 6,00% 4,00% Buildings Civil Works GD Growth Construction 2,00% 0,00% -2,00% In 2014 the construction sector continued being one of the main driving forces of the economy to contribute 0,7 pp to overall GD growth, with a variation of 9,9% Data Source: Ministerio de Hacienda, DANE
Colombia obtained investment grade issued by main credit rating agencies BBB Standard & oor's Ratings Services maintained its long-term sovereign credit ratings on Colombia s foreign currency in 'BBB' Baa2 All main Rating agencies reviews highlighted the good economic and financial period that Colombia is experiencing nowadays, specially: Their ability to manage external shocks Their excellent credit record BBB An improvement in their Macroeconomic credibility A significant improvement in their security conditions Data Source: Bancoldex
2. Colombia s Infrastructure
The development of infrastructure The development of road infrastructure in Colombia linking private participation began in the mid 90s with the first generation of road concessions. Since then, private participation in road infrastructure has remained through programs of second and third generation of road concessions which sought to improve the execution of contracts. First Generation - 1992 11 road concession contracts, primarily focused on road rehabilitation and expansion of road corridors (1,649 km).
The development of infrastructure Second Generation - 1995 Improve issues related to financial aspects, responsibility and risks schemes. The second generation of road concessions involved 470 km of roads (construction and rehabilitation of new roads, seconds driveways entrances to major cities). Third Generation - 1998 olicy adjustments: extensions and additions to the concession contracts legislation was improved. 3,557 km included, highlighting the Ruta del Sol project which incorporated changes on risk allocation between the public and private counterparts and a new scheme of contract award criteria.
The development of infrastructure Main roblems Road concession contracts (first, second and third generation) had significant delays/problems regarding: Work schedules Additions in contracts (in time and amount) Additional works executed without specific requirements roperty taxes and environmental overruns Financial imbalance in contracts roblems during the bidding process and contract award
The development of infrastructure Suggestions to improve the concessions scheme 1 Strengthen prioritization and structuring of projects, including cost-benefit and Value for money analysis. 2 To Improve the institutional framework related to infrastructure, including a model of longterm planning the approval process and analysis stages of structuring projects. 3 To Increase institutional capacity to ensure proper risk transfer and reduce contracts renegotiation. 4 - erform rigorous analysis of the socio-environmental impacts before implementation of the project. 5 Assuring independent monitoring practice to measure the quality of services provided.
Access to modern infrastructure and equal opportunities remain a challenge for Colombia Global Competitiveness - Infrastructure (3.5) Chile Mexico Ecuador Uruguay eru Argentina Brazil Colombia Venezuela Quality of roads 2,6 0 1 2 3 4 5 6 Quality of air transport infrastructure Chile Mexico Ecuador Uruguay eru Colombia Argentina Brazil Venezuela 0 1 2 3 4 5 6 4 Quality of railroad infrastructure Quality of port infrastructure Ecuador Mexico Chile Brazil eru Argentina Venezuela Colombia Uruguay 1,5 Chile Uruguay Mexico Ecuador Argentina eru Colombia Brazil Venezuela 3,5 0 1 2 3 4 0 1 2 3 4 5 6 1 = extremely underdeveloped; 7 = extensive and efficient by international standards Source: World Economic Forum. Global Competitiveness Report 2013 2014
Infrastructure ublic Investment vs. rivate Investment 4,5% 4,0% 4,1% 3,5% 3,0% 3,2% 3,5% 3,6% 3,1% 3,6% 3,3% 3,3% 2,9% 2,5% 2,3% 2,0% 2007 2008 2009 2010 (e) 2011 (e) Inversion rivate Investment/ rivada / IB GD Inversión rivate Investment/ ública / IB GD Source: DN
Colombia s capacity Latin-American ranking SCORE 80 70 60 61 59,6 2013 2014 65 Infrascope overall score Law 1508 Decree 1467 Decree 063: water and basic sanitation 50 60 40 30 55 20 50 10 0 45 2008 2009 2010 2011 2012 2013 2014 2015 YEAR untaje Score Strenghts Regulatory Framework(68.8) Investment Climate (78.0) Weaknesses Institutional Framework (50.0) Operational Maturity(53,1) Subnational Adjustment (50.0) Financial Facilities (61.1) Infrascope is a benchmarking index that evaluates 19 LAC government s capacity to implement sustainable and efficient infrastructure s. Sectors: Transport, Water and Electricity Infrascope 2010-2012 Index. Economist Intelligence Unit
3. Law Legal Framework
Basic scheme State Agency Disbursement of public funds Long-term contract based on service delivery Banking Capital Markets Creditors Shareholders Debt Stock rivate Investor SV Resource Management Services operating revenue Users Operating Agreement ayments O&M Construction payments Construction contract Operator Coordination Constructor
Main Characteristics All Sectors Capacity & Commitment s Legal and Regulatory Framework - Law 1508 / 2012 The law applies to all sectors in which the provision of infrastructure and its related services are needed. Seeks to attract long term investors with enough financial capacity, who will not only construct the infrastructure but also operate and maintain it. Service ayment Introduces the concept of payment for availability and level of service. Incentives for rivate Initiatives roper structuring Budgetary Treatment Institutional Organization Information Temporary Contracts The law includes a regulatory regime applicable to unsolicited proposals, involving correct incentives for their development. The law reinforces the proper structuring of projects with regard to studies, risk analysis and includes the concept of value for money. The law contains changes in the budgetary treatment regarding: future reserves for national and territorial projects. The law clarifies the roles and functions of the entities participating in the project cycle. A data base to register the rojects is created. (Managed by the ND). The infrastructure reverts to the public sector at the end of the concession period. (30 years max)
Key Issues BEFORE- LAWS 80/93 and 1150/07 NOW- LAW 1508/12 Advances were granted in concessions There are no advanced payments ublic Contrib. Construction Operation and Maintenance 30 Years ublic Contrib. Construction Operation and Maintenance 30 Years The payment is made irrespective of compliance with the service No maximum term Law 80/1993: Additions of maximum 50% Law 1150/2007: Maximum term additions of 60% The payment was made for construction works The award process started with the opening of the bidding process There were no requirements to analyze the best way to implement the project. No difference was made between who financed and who constructed. The projects were not designed for financial and institutional investors. ublic initiative projects only ayment is made according to the performance of the service Maximum term : 30 years Additions are limited to 20% (CAEX and OEX) The payments are for the services provided by the infrastructure A stage for prequalification is allowed previous to the bidding process The law requires to analyze and justify the way to implement the project ( or Traditional rocurement) The requirements are oriented to enabling: legal capacity, ability and experience in financial investment or project structuring and development It encourages the attraction of institutional and financial investors They allow and encourage unsolicited bids (unsolicited proposals)
Legal and Regulatory Framework - Contents of the Law I. General rovisions 1. The law applies to all sectors minimum project investment: USD 1.7 million. 2. Maximum term including extensions 30 years* 3. Limit to additions and extensions of contracts with public budget 20% 4. Nation payments subject to service availability II. ublic initiative III. Unsolicited roposals ublic Idea: Resources: rivate and/or ublic rivate idea: Only for new projects Resources: rivate + max. 20% ublic Resources: 100% rivate Selection rocess: ublic Bidding Selection rocess: ublic Bidding Selection rocess: Abbreviated selection IV. roject`s common provisions 1. roject funds are managed through SV. 2. Creation of a new database of projects. 3. roper budget management to guarantee future payments. 4. The infrastructure reverts to the public sector * This term can be extended only if there is a previous favorable concept from CONES
ublic Initiative project - Flowchart Conceptual Idea of the roject rioritization Feasibility Studies + ositive Assessment of social and economic issues + ositive revious Concept - VBA * With ublic Resourses Technical, Financial and Legal Structuring Financial reviewed by ublic development Banks Art 27 / 1508 1. Risk analysis Ministry of Finance 2. Assessment of option - ND 3. Financial and contractual clauses - Ministry of Finance Central government investment Without Central Government Investment First review Ministry of Finance then ND First is reviewed by Ministry of Finance then the respective planning department Subnational ublic Entities * According a new presidential regulation, a previous concept has to be issued by Virgilio s Barco Urban Renewal Agency in the case of projects for administrative offices and public buildings. ublic Contract Opening of the bidding process Requires ublic $ Does not require ublic $ Request of fiscal endorsement and approval of annual budget commitments Opening of the bidding process
resentation of the initiative (refeasibility stage) Competent entity must register the initiative in the RUA ( 5 days after receiving the proposal) Unsolicited roposals project - Flowchart Concept (Max. 3 months) * This requirement is the responsibility of public entity Initiative rejected Favorable Acceptance of re-feasibility and acceptance conditions. roject preparation, feasibility stage (Max. 24 months) roposal Assessment (6 months) (The agency in charge may need complementary studies and must analyze them in an additional term of 3 months) MHC and ND review and issue concept ( with Cofinancing of the Nation ) or the planning unit of the territorial entity ( without Cofinancing of the Nation) Causes of rejected Not enough public interest it needs more public resources (>20%) There are a current public work or a concessions in place. Favorable roject rejected There is no commitment of any kind with the private investor must have a public hearing to third parties and authorities within one month of the delivery of Feasibility studies. Negotiation arrangements (2 months) Relevant ublic entity roposal`s originator
Unsolicited roposals project - Flowchart They must have the approval of future appropriation, before the bidding process Favorable Max. 20% $ ublic ublic Bidding (4 a 6 months) Negotiation arrangements (2 months) Source of funds Additional oints 3% - 10% (according to the amount of inversion) 100% $ rivate Direct selection No third party concerned Agreement ublication (Appendix included) (1-6 months) Third party concerned Abbreviated Selection rocess (2-3 months) First Right refusal (10 working days) Relevant ublic entity roposal`s originator
4. roductive and Social roject ortfolio ublic Initiative
NAME 13 rojects of ublic Initiative registered in RUA (1/2) OBJECT CONTRACTING AUTHORITY CURRENT STATUS roject for the concession of Airport of Barranquilla and South West Airports (Armenia- Neiva-opayán) Upgrade, management, commercial operation, maintenance and reversion of Airport of Barranquilla and South West Airports (Armenia-Neiva-opayán) National Infrastructure Agency-ANI In bidding process Implementation and operation of the System of ublic Bicicles in Bogotá. Endue Bogota with a system of public bicycles reachable to the citizens and that eases the integration of the people with the public transportation system (SIT). Bogota s town hall re-feasibility Upgrade of the ublic Lighting System in almira into LED technology. Optimization of the energy consumption, material supply, design, enlargement, setting up, upgrade, operation and management of the public lighting system in almira. almira s town hall Feasibility Center for the management of traffic, photo fines and traffic lights in iedecuesta Implementation of a center for the management of traffic, photo fines and traffic lights in iedecuesta. iedecuesta s town hall re-feasibility Universal Access to Television DTHSOCIAL rovision of satelite television service for municipalities located in non coverage areas. National Authority of Television- ANTV re-feasibility Regional and Urban Light Rail west section Light rail transport system at a regional level (West section) from Sabana Station to Facatativa Station in the municipality with that same name. Empresa Férrea Regional S.A.S re-feasibility Source: RUA
13 rojects of ublic Initiative registered in RUA (2/2) NAME OBJECT CONTRACTING AUTHORITY STATE Road project - Circuito de los Embalses in Antioquia Improvement and enlargement of the regional road network in Antioquia. Government of Antioquia Feasibility for the program of national court houses Construction of the new building for the Superintendency of notary and registration in Bogota. Overcome the deficiency in the access of the people to justice services. Construction of the building with its associate services, spaces needed and requirements of earthquake resistance. Minister of Justice re-feasibility Superintendency of notary and registration Feasibility Upgrade of Matecaña International Airport. Construction, upgrade, and adequacy of the land side and administration, operation, commercial operation and reversion of the air side of Matecaña International Airport in the city of ereira. Matecaña International Airport Feasibility ublic lighting service for Armenia, Quindío. Concession for the administration, upgrade, operation and enlargement of the public lighting service in Armenia in a term of 20 years. Armenia s town hall roceso de Selección (Ver SECO) Slaughterhouse for Arjona. Concession for the maintenance, operation and administration of the slaughterhouse in Arjona Bolivar. Arjona s town hall Feasibility Road network for Cordoba. lan for an enlargement and improvement of the road network in Cordoba. Córdoba s town hall re-feasibility Source: RUA
Leading rojects : Almost 1,100 km out to tender before 2014 CARTAGENA BARRANQUILLA Cruz del Viso SANTA MARTA onedera VALLEDUAR Carreto RIOHACHA La az Cuestecitas Buenavista San Juan ARAGUACHON Group 1 Group 2 Group 3 Total km 772 212,6 2014 708 2.046 1st tranche km 31,8 156,6 Tender date 1st tranche 2014 2014 ALO DE LETRAS NECOCLÍ SAN ELAYO Toluviejo MONTERIA laneta Rica CARMEN DE BOLIVAR SINCELEJO La Yé San Marcos CAUCASIA Achí Aguachica Aguaclara SAN ROQUE Ocaña Group 4 Roads to prosperity East Range 1.487 1.274 2.765 146,7 268 630 2014 2014 2015 El Tigre Simití CUCUTA BARRANCAB. REMEDIOS B/MANGA amplona ARAUCA Santa fé de Ant. Camilo C Bolombolo Tunel de Occidente MEDELLIN to. Berrío Barbosa SOGAMOSO TAME BUENAVENTURA CALI STDER. QUILICHAO MANIZALES EREIRA ARMENIA LA AILA BUGA La Manuela TO. SALGAR ZIAQUIRA TUNJA VILLETA Sopó Sisga EL SECRETO CALERA BOGOTA GIRARDOT Cáqueza IBAGUE ESINAL VILLAVICENCIO CARTAGO Granada NEIVA YOAL UERTO GAITAN to. Arimena Estimated Kilometers 8.917 Total Investment estimated (billions of dollars) 24,4 OAYAN RUMICHACA CHACHAGÛÍ ASTO MOCOA Current Concessions News Early victories Source: ANI- National Infrastructure Agency
Center South Group 1 Honda Mariquita La Dorada to Salgar to Bogotá BOGOTA MAIN FEATURES Ibagué Girardot Kilometers: 846,6 Km Actual Tolls: 6 New Tolls: 7-9 TOTAL CAEX (Billions USD): 1,3 Neiva ROAD CORRIDORS: uerto Salgar Girardot ( 212,6 km) Girardot - Neiva (190 km) Neiva Mocoa- Santana (444 km) Mocoa Tolls Santana Early Victory Source: ANI- ANI- National Infrastructure Agency
South West Group 2 Ibagué La aila Loboguerrero MAIN FEATURES B/ventura Dagua Buga Mulalo Kilometers: 724,8 km Actual Road Tolls: 8 New Road Tolls: 3 TOTAL CAEX (Billions USD): 2,75 Cali Stder Quilichao ROAD CORRIDORS: Ibagué La aila (135km) Buga Buenaventura ( 118km) Mulaló Loboguerrero (31,82km) Santander de Quilichao Chachagüí (360 km) asto Rumichaca (80km) Chachagüi asto Tolls Rumichaca Early Victory Source: ANI- ANI- National Infrastructure Agency
Center East Group 3 MAIN FEATURES ARAUCA Kilometers: 1.391,6 Km Actual Road Tolls: 14 New Road Tolls: 5 TOTAL CAEX (Billions USD): 3,93 Hato Corozal Tame to Carreño ore Guasca Sisga Briceño Caqueza El Tablón Chirajara La Calera Choachí Villaviecio YOAL Aguaclara to Gaitán to López te Arimena ROAD CORRIDORS: Villavicencio Arauca (823km) Corredor erimetral del Oriente (156,6km) Doble calzada Bogotá Villavicencio (72km) Malla Vial del Meta (340km) Granada Tolls Early Victory Source: ANI- ANI- National Infrastructure Agency
Caribbean Region Group 4 Cartage na Arjona Cruz del Viso B/quilla Sta Marta Malambo onedera Carreto San Juan Nepomuceno uerta De Hierro Ye de Ciénaga Valledupar La Florida Distracció n La az araguachón Cuestecit as San Juan Del Cesar MAIN FEATURES Kilometers: 1.481,7 Km Actual Road Tolls: 11 New Road Tolls: 6 TOTAL CAEX (Billions USD): 2,91 ROAD CORRIDORS: Cartagena Barranquilla (146,7 km) Barranquilla Santa Marta (93km) San Roque - araguachón (474 km) Caucasia Cruz del Viso (434 km) Corozal Sincelejo Yatí El Burro San Roque Cereté - onedera (334 km) Cereté Sahagún Ciénaga De Oro El Viajando San Marcos Tamalameque Caucasia Tolls Early Victory Source: ANI- National Infrastructure Agency
Roads for rosperity Región Caribe Caucasia MAIN FEATURES El Tigre Remedios Kilometers: 1.446,5 Km Actual Road Tolls: 10 New Road Tolls: 14-18 TOTAL CAEX (Billions USD): 7,25 ROAD CORRIDORS: Sta. De Antioquia ortal Occidental T. de Occidente MEDELLIN orcesit o Ancón Sur S.J Nus T. Dolores to. Berrio Ruta del Sol Group 1 (584,48 Km) Group 2 (503 Km) Group 3 (359 Km) Bolombolo Camilo C La intada La Virginia Irra La Manuela Tolls Zona Cafetera Early Victory Source: ANI- National Infrastructure Agency
East Mountain Range Adaptation Fund Ocaña to Santander MAIN FEATURES MANIZALES to Boyacá Honda Villeta Aguaclara to Araujo BOGOTA B/MAGA TUNJA CUCUTA amplona Duitama Kilometers: 2.266 Km Actual Road Tolls: 11 TOTAL CAEX (Billions USD): 5,43 ROAD CORRIDORS: Manizales Honda Villeta (220km) Bogotá Bucaramanga amplona (543 km) Tunja Chiquinquirá uerto Boyacá (315 km) uerto Gaitán uerto Araujo (571 km) Duitama amplona Cúcuta (373 km) Duitama amplona Cúcuta (373 km) Cúcuta Aguaclara- uerto Capulco (257 km) Cúcuta uerto Santander (51km) Early Victory Total Km 630 Total CAEX US 1509 mm to Gaitán Type of investment: Manteinance and restoration of the existent roads. Construction of a second lane (70 Km) Tolls Early Victory Source: ANI- National Infrastructure Agency
Other roads La Mata Tibu Convención MAIN FEATURES Kilometers: 485Km Existing tolls: 2 TOTAL CAEX (Billons USD): 0,87 ROAD CORRIDORS: Cúcuta Tibú La Mata (331 Km) CÚCUTA Bucaramanga Barrancabermeja Yondó (154Km) B/Bermeja Tolls Early Victory Source: ANI- National Infrastructure Agency
Awarded projects Loboguerrero Buga 55,42 km 55,42 km: rehabilitation, operation and maintenance of the existing road $29,95 millions USD Winning Bidder : CSS Constructores S.A. Zipaquirá - alenque 370 Km: rehabilitation, operation and maintenance $183,4 millions USD Winning Bidder : Consorcio Hidalgo e Hidalgo Colombia S.A.S. Source: ANI- National Infrastructure Agency
First Group 4G Capex* Opex* Km Current Status FIRST GROU OF ROJECTS (USD Millon) IONEERS Girardot - Honda - uerto Salgar 459 455 190,13 Awarded Mulaló Loboguerrero 596,5 220,5 31,82 Awarded erimetral de Oriente de Cundinamarca 565 289,5 153,8 Awarded Cartagena - Barranquilla, Circunvalar de la rosperidad 479,5 375 159,09 Awarded SECOND GROU OF ROJECTS (USD Millon) GROU I Autopista Conexión Norte 491,5 432 145 Awarded Autopista al Río Magdalena 2 686,5 306,5 144 Awarded Autopista Conexión acífico 1 895 338 53,8 Awarded Autopista Conexión acífico 2 456 302 97,78 Awarded Autopista Conexión acífico 3 650 413,5 146,2 Awarded TOTAL 5.279 3.132 1.283 www.dnp.gov.co
rojects awarded 4G Girardot - uerto Salgar Girardot uerto Salgar Construction of new second lanes (55km), operation and maintenance (157km). 190,13 km 25 years. $ 1,200 Millions USD Winning Bidder : Mario Alberto Huertas Cotes (75%), Constructora MECO SA Sucursal Colombia (25%). Source: ANI- National Infrastructure Agency
rojects awarded 4G Mulaló - Loboguerrero Mulaló- Loboguerrero Length : Section 1-6.66 Km, Section 2-5.84 Km, Section 3-4.1 Km, Section 4-7.13 Km Y Section 5-8.09 Km for a Total of 31.82 km eriod : 25 years Capex: USD 500 million Opex: USD 250 million Winning bidder: Estudios y royectos del Sol (Episol) 60%, (Colombia) and Iridium Colombia Concesiones Viarias 40%, (España) reliminary Source: ANI- National Infrastructure Agency
erimetral de Oriente de Cundinamarca rojects awarded 4G erimetral de Oriente de Cundinamarca Rehabilitation and Construction (95,33km), and improvement (57,66km). 152,99 km 25 years $ 750 Millions USD Winning Bidder : Shikun & Binui AG Israel (37.05%); C.I. Grodcos. en C.A. Ingenieros Civiles Colombia (25%); Colombiana de Inversiones (37.05)%. Source: ANI- National Infrastructure Agency
rojects awarded 4G Cartagena - Barranquilla Cartagena-Barranquilla Length : Section 1, 117 km y Section 2, 36.7 km, for a total approx. de 153.7 km. eriod : 25 years. Capex : USD 500 million Opex: USD 350 million Winning bidder: Mario Alberto Huertas Cotes y Constructora MECO Sociedad Anónima Sucursal Colombia. reliminary Source: ANI- National Infrastructure Agency
rojects awarded- Conexión Norte Conexión Norte Length : Section 1, 58 Km y Section 2, 87 Km, for a Total of 145 km. eriod : 25 years Capex : USD 500 million Opex: USD 300 million Winning bidder: Autopistas del Nordeste SV reliminary Source: ANI- National Infrastructure Agency
rojects awarded- Rio Magdalena 2 Rio Magdalena 2 Length : Approx. 144 Km. eriod : 25 years Capex: USD 700 million Opex : USD 400 million Winning bidder: E OHL Concesiones compuesta por OHL Concesiones Colombia S.A.S 60% y OHL Concesiones Chile S.A. 40%. reliminary Source: ANI- National Infrastructure Agency
rojects awarded 4G acifico 1 acifico 1 Rehabilitation, construction, operation and maintenance 49,7 Km 25 years. $945 Millions USD Winning Bidder : Estudios y proyectos del Sol S.A. Episol S.A.S (60%), Iridium Colombia Concesiones Viales S.A.S. (40%). Source: ANI- National Infrastructure Agency
rojects awarded 4G acifico 2 acifico 2 98 Km: 44 km(construction of new second lanes) 54km (operation and maintenance) 25 years. $480 Millions USD Winning Bidder :.S.F Concesión La intada (Odinsa and Colombian partners) Source: ANI- National Infrastructure Agency
rojects awarded 4G acifico 3 acifico 3 Rehabilitation or construction of new second lanes operation and maintenance. 142 km 25 years $935 Millions USD Winning Bidder : Mario Huertas Cotes (Colombia) Constructora MECO S.A. (Costa Rica). Source: ANI- National Infrastructure Agency
Rio Magdalena 1 MAIN FEATURES Length : Approx. 161 Km eriod : 25 years Capex: USD 1050 million Opex : USD 80 million Status: Suspended reliminary Source: ANI- National Infrastructure Agency
Second Group 4G Capex* Opex* Km Current Status ROADS FOR ROSERITY (USD Million) GROU II Autopista al Mar 1 728,5 480 180 Awarded Autopista al Mar 2 767,5 319 245 In bidding process NEWS (USD Million) Neiva- Girardot 673,5 532 190,85 Approved by MHC and DN Santana - Neiva 751,5 733,5 447 Awarded Rumichaca asto 816,5 341,5 79,67 In bidding process opayán - S/der de Quilichao 595,5 256 75,83 Awarded Transversal del Sisga 246 219 137,17 Awarded Villavicencio Yopal 942,5 527,5 264,13 Awarded /ta de Hierro - almar 224,5 396 202,56 Awarded B/manga- B/meja - Yondó 887 516 212,02 In bidding process TOTAL 6.632,5 4.320 2.034,23 www.dnp.gov.co
rojects awarded 4G - Mar 1 MAIN FEATURES Study, final design, financing, environmental, property tax and social management, construction, improvement, rehabilitation, operation, maintenance and transfer of Sea Grant Highway 1. Approx. 180 Km 25 years $1.603 Million USD Winning Bidder: SAC 4G integrated by SACYR Concesiones Colombia S.A.S 37.5%, Strabag S.A.S 37.5% and COBCAY S.A 25%. Source: ANI- National Infrastructure Agency
rojects 4G - Mar 2 MAIN FEATURES Length: 245 Km. eriod : 16 years. (2014 2030) Capex: USD 767,5 million Opex : USD 319 million Status: In bidding process Calzada Nueva reliminary Source: ANI- National Infrastructure Agency
rojects 4G - Neiva-Girardot MAIN FEATURES Length: 190,85 Km. eriod : 25 years Capex: USD 673,5 millions Opex : USD 532 millions Source: CONES
rojects awarded 4G - Santana-Neiva MAIN FEATURES Financing, construction, rehabilitation, improvement, operation, maintenance and transfer of the Neiva-Mocoa-Santana Corridor 447 Km 25 years $1.368,70 Million USD Winning Bidder: Controladora de Operaciones de Infraestructura S.A de CV (35%), Cass Constructores y Cia (20%), Carlos Alberto Solarte Solarte (20%), Estyma (10%) and ALCA Ingeniería (5%). Fuente: CONES
rojects 4G - Rumichaca-asto MAIN FEATURES Length: 79,67 Km. eriod : 25 years Capex: USD 816,5 million Opex : USD 341,5 million Fuente: CONES
rojects awarded 4G opayán-santander de Quilichao MAIN FEATURES Financing, construction, rehabilitation, improvement, operation, maintenance and transfer of the opayan-santander de Quilichao Corridor 75,83 Km. 25 years $1.165,35 Million USD Winning Bidder: Hidalgo E Hidalgo S.A. Sucursal Colombia 25%, Hidalgo E Hidalgo Colombia S.A.A 5%, CASS Constructores & CIA S.C.A 35% and Carlos Alberto Solarte 35%. Fuente: CONES
rojects 4G - Transversal del Sisga MAIN FEATURES Financing, construction, rehabilitation, improvement, operation and maintenance of the Transversal del Sisga Corridor. 137,17 Km. 25 years $540,98 Million USD Winning Bidder: Centro Oriente SV integrated by KMA Construcciones S.A 40%, Ortiz Construcciones u royectos 40% and Obresca 20% Fuente: CONES
rojects 4G Villavicencio-Yopal MAIN FEATURES Study, final design, financing, environmental, property tax and social management, construction, improvement, rehabilitation, operation, maintenance and transfer of Villavicencio-Yopal corridor. 261 Km. 25 years $1.295,98 Millions USD Winning Bidder: SAC 4G integrated by SACYR Concesiones Colombia S.A.S 37.5%, Strabag S.A.S 37.5% and COBCAY S.A 25%. Fuente: CONES
rojects 4G uerta de Hierro-almar de Varela MAIN FEATURES Study, final design, financing, environmental, property tax and social management, construction, improvement, rehabilitation, operation and maintenance of uerta de Hierro-almar de Varela corridor. 202,56 Km. 25 years $370,94 Million USD Winning Bidder: E SAC 4G integrated by SACYR CONCESIONES COLOMBIA S.A.S Fuente: CONES
rojects 4G Bucaramanga-Barrancamermeja- Yondó Length: 154 Km. eriod : 25 years Capex: USD 887 million Opex : USD 516 million MAIN FEATURES Fuente: CONES
Third Group 4G Capex* Opex* Km Current Status ADATATION FUND Bucaramanga amplona 411,68 315,18 133,1 amplona - Cúcuta 647,83 269,73 112,7 Approved by MHC and DN Approved by MHC and DN Ocaña - Cúcuta 767,68 347,36 195,5 In structuring Zipaquirá - Barbosa 995,82 670,24 145,7 In structuring Barbosa - Bucaramanga 598,59 458,70 215,5 In structuring Duitama - amplona 367,54 428,88 307,5 Approved by MHC and DN Sogamoso Aguazul - Mani 418,35 308,68 182,5 In structuring Chinchiná Mariquita 359,17 404,49 141 In structuring TOTAL 4.566,66 3.203,26 1.433,5 www.dnp.gov.co
National Benefits Fiscal Future Commitments (USD Billion) N Departments Total 4G $24,61 24 N Municipalities National Impactl (3) Stimate oblation Annual Growth GD Reducing Travel Time Total National opulation (2) 1,5% 30% Generated Jobs 180.000-450.000 ioneers $3,84 6 22 7`750.873 1,58% (1) 30% 61.000 Autopistas rosperidad Grupo I $4,61 4 41 1'325544 1,5% (1) 35% 60.000 Autopistas rosperidad Grupo II $4,23 1 20 827.757 Without Data (4) 39% Without Data (4) (1) Regional Average (2) Total National opulation 48.217.545 Data Source: DANE (3) rojects are physically developed in 24 municipalities but the impact of the National rogramme is because increases the competitiveness of the economy improving connectivity between different regions of the country and generate a boost to employment in almost all regions. (4) No information available: The estructuring of the four projects have not completated.
ND Challenges in structuring Road rojects Structuring technical, legal and financial under the mechanism the San Gil-Charalá- Duitama Corridor, which includes the rehabilitation of approximately 20 kms and the operation and maintenance of the corridor. Structuring financed by the Support rivate articipation rogramme- S- ND. Status: In structuring
Airports in 4 cities BARRANQUILLA S AIRORT 2015 BARRANQUILLA Awarded : December 31st of 2014 OAYÁN ARMENIA NEIVA ARMENIA, NEIVA AND OAYÁN AIRORTS 2015 Submissions scheduled for April 10th of 2015. Source: ANI- National Infrastructure Agency
Mantecaña s Airport National rojects Object Construction, modernization of the land side and the management, operation, maintenance, commercial, exploitation and transfer of the land and airside of the Matecaña s Airport in ereira City Current State In prequalification process ublication of the invitation document in SECO: September 23rd Deadline for sumissions of interest expressions: November 18th The resolution of the list of prequalified (12) was published: February 2nd, 2015 Fuente: Aeromate - SECO
Fluvial rojects Magdalena s River navigation recovery Object Recovery of Magdalena s River navigation using schemes Description Between uerto Salgar / La Dorada - Bocas de Ceniza. Term: 10 years Works for river canalization OyM activities to guarantee : 4,5 foots on uerto Salgar/uerto Berrío stage; 6,0 foots on uerto Berrío/Barrancabermeja stage; 7 foots on Barrancabermeja/uente Laureano Gómez stage; and 37,5 foots until Bocas de Ceniza. roject will demand a total investment of (USD1,2 billion). Awarded (August 15 th ) Current State Source: Cormagdalena
ublic Buildings Fiscalía General de la Nación - Cali Object Design, construction, management, operation and maintenance of the Fiscalía General de la Nación Offices Cali and the provision of associated services through model Generalities Construction of the FGN Cali, La construcción de la FGN Cali, it s framed in the draft Urban Renewal "aradise City" that aims to improve the public space of the city center. Net area (office) + health + Batteries + communal areas Circulation and fixed points + Technical areas: 42,015,32 m2. Basement Area 1 and 2: 14,530,22 m2. TOTAL ROJECT AREA: 56.545 m2 Commercial operation area: 754 m2 Estimated Investment: USD 80 MM Concession period: 15 years + 1.5 years (construction) In requalification Current Status Data Source: Estudio Diseñar, Estructurar e Implementar la Estrategia de articipación rivada para el Diseño, Construcción, Dotación, Operación y Mantenimiento de Sede para la Seccional Cali de la Fiscalía General de la Nación. Estructuración Valfinanzas S.A.
Justice sector / ublic buildings projects Superintendence of Notaries and Registry Bogotá D.C. Objective Design, construction, administration, operation and maintenance of the infrastructure and related services for the Superintendence of Notaries and Registry Offices (SNR) through a public-private partnership scheme. Basic Concepts Estimated area: 45.000 m2 plus 17.000 m2 of underground parking lots distributed this way: SNR: 9.000 m2. Commercial infrastructure: 45.000 m2. Estimated infrastructure investment: US$ 75 Million otential complementary services to be provided by the private sector: arking lots rivate offices Food court Bogotá D.C. Source: Study Design of the private capital entailment strategy for infrastructure solutions of judicial offices and the Superintendence of Notaries and Registry offices - Valfinanzas Structured Current Status Estimated Opening Bid rocess in 2015
Leading rojects in social economy Subnational Court Houses Ministry of Justice and Law Objective roperty management, design, construction, maintenance and operation of the physical infrastructure of 50 Subnational cout houses. Basic Concepts Estimated area: 60.646 m2 (1.213 m2 for house): Estimated infrastructure investment: USD 62 MM Deadline:16.5 years 1.5 years (design and construction) 15 years (operation and maintenance) Current Status Structuring process completed Estimated Opening Bid rocess in 2015
Urban Renovation CAN roject Object Construction of a three-building complex where 6.000 officials from ministries and various government agencies will be located in 16 floors. First construction of Ciudad CAN, an urban development plan that entails the renewal of an area of 213 acres. ublic initiative proposed by the National Company for Renewal and Urban Development Virgilio Barco Current Status Area: 104.000 m² Start of works: Second quarter 2016. Construction term: 30 months roject at studies and designs stage. Fuente: Aeromate - SECO
Justice sector / ublic buildings projects Colombia s attorney general Cali Offices Objective Design, construction, administration, operation and maintenance of the offices for the Colombia s attorney general Cali offices and the provision of connected services, through a public-private partnership scheme. Basic Concepts OFFICES Location: Areas of urban renovation raised by the zoning plan, located in the zone known as the Global Centre of the city of Cali. Total project area: 56,545 sq mt rojected land area: 8.000 Sq mt Institutional estimated area : 30.000 Sq mt plus parking lots. Estimated infrastructure investment : US$ 75 Millions Cali. In pre-qualification Current Status Source: Colombia s General Attorney Offices
El Dorado 2 Airport Object Increase the operating capacity, competitiveness and development of the country's main airport. erform structuring a project that integrates the existing El Dorado Airport with the new airport El Dorado II. The project should consider how it would be the integrated Cundinamarca light rail or Regiotram with the new airport that will be built between the municipalities of Madrid and Facatativá. The airport will be consolidated as the main 'hub' of South America, not only of cargo but also of passengers. The project is in structuring.
Santa Marta s water delivery system Object ermanently provide drinking water and to increase the coverage and quality of this service in the city of Santa Marta, as well as improving the coverage and quality of wastewater management that occur in the city. In structuring. Current Status ublic Initiative roject
ND Challenges in structuring Social rojects Structuring technical, legal and financially a project that includes the restoration, construction, manning, operation and maintenance of the infrastructure of museums owned by the Ministry of Culture. Structuring financed by the rogramme to Support rivate articipation S ND. Status: In Structuring Structuring technical, legal and financially a project that includes the construction, manning, operation and maintenance of the infrastructure of a group of libraries (municipal, district or departmental), located in different municipalities or districts. Structuring financed by the rogramme to Support rivate articipation S ND. Status: In Structuring ND: National lanning Department
5. roductive and Social roject ortfolio Unsolicited roposals
Data Source: Vicepresidencia de Estructuración Agencia Nacional de Infraestructura / SECO Name I Ibagué Cajamarca I Malla vial del Meta Status Awarded 15/01/2015 Awarded 09/04/2015 CAEX (USD Million) rocesses Developed OEX (USD Million) VFM* (USD Million) 509,76 675,35 99,40 342,12 241,52 201,15 I Chirajará Fundadores / Bogotá Villavicencio I Departamentos del Cesar y la Guajira Awarded 23/04/2015 Awarded 19/05/2015 770,54 819,61 263,73 152,15 562,75 109,88 I Cambao Manizales Awarded 19/05/2015 202,72 310,51 101,10 VFM*: Value for Money
Awarded Road Transport I Ibagué - Cajamarca Contract value: 1,860,649 million pesos Awarded: January 15, 2015 (direct contracting) Financing: 100% private Studies, design, construction, operation, maintenance, social management, property and environmental of the second carriageway of the road Ibagué - Cajamarca, and operation and maintenance of Highway System, Chicoral variant, Gualanday variant, Gualanday -Ibagué, Gualanday - Espinal, icaleña Variant, North Branch and existing path Ibagué-Cajamarca. roponent: Originator romise of Future Society GICA SA comprised of Constructora Colpatria S.A. 29%, Mincivil S.A 29%, HB Estructuras Metálicas S.A 14%, Termotécnica Coindustrial S.A 15% and Latinoamérica de construcciones S.A Latinco S.A with a 13%. Data Source: SECO
306 unsolicited projects, 241 of them without public resources Invitation Notice Feasibility Feasibility in studies re-feasibility in studies Selection rocesss Awarded Rejected Total Roads 1 1 21 51 3 69 146 Urban Transport 8 15 8 31 ublic arking 13 6 18 Street Lighting 1 1 14 2 18 Urban renewal 1 4 6 11 Traffic control 1 7 3 11 Water and Sanitation 8 4 12 Solid waste 8 2 10 Trains and subway 4 6 4 14 Airports 1 4 1 2 8 Healed 3 4 7 Diagnóstico ublic buildings 2 1 5 1 1 10 Commercial retail 1 4 2 7 Transport 6 6 Solicite información sobre su libreta militar. Obtenga información sobre la oferta educativa. Urban logistics 1 1 3 5 risons 5 5 ublic arks 4 4 Sporting facilities 1 3 1 5 Education 2 2 Airport logistics 1 2 3 Urban 1 1 2 Dam construction 1 1 ort logistics 1 1 Television 1 1 Housing 1 1 Document 1 1 Information systems 1 1 TOTAL 1 5 44 169 1 4 118 342 Source: RUA
Road s rojects I Ibagué - Cajamarca Does not require public resources Studies, design, construction, operation, maintenance, social management and environmental in the second carriageway of the road Ibagué Cajamarca and operation and maintenance of the road system. Contract value: US$ 930 Million Status: Awarded I Cesar - Guajira Does not require public resources Construction, rehabilitation, operation and maintenance of road system to connect the departments of Cesar and La Guajira Status: Study Feasibility I La aila - Calarcá Does not require public resources Construction, Management, Operation and Maintenance of Road Corridors Second road La aila - The Wire; Double road El Alambrado - Barcelona - Calarcá and Administration, Operation and Maintenance Calarcá Cajamarca road. Status: Study Feasibility Source: RUA
Airports Airport Rafael Núñez - Cartagena. Does not require public resources Design and construction of a taxi driveway, the expansion of the aircraft parking area, Improvement of the passenger terminal area and installation of boarding bridges. Status: re-feasibility study Airport El dorado Does not require public resources Design, construction and maintenance for the adequacy of the outdoor infrastructure of the "El Dorado" airport in Bogotá. Status: re-feasibility study Source: RUA
Urban Transport Ligth Rail Transit in Bogotá Corredor Occidente Requires public resources Construction, operation and maintenance for a tram. Status: Feasibility study Ligth Rail Transit in Bogotá Corredor Sur Requires public resources Mass public transit system over the old rail located in the south of the city. Status: Feasibility study Source: RUA Source: RUA
Railroad s Concessions Total System Operational System 3.300 km 996 km Current Concessions (Fenoco, acífico, Cerrejón) 3 Medium and long term Of the11 railroad`s concessions, 2 in Feasibility Study Stage. Railway Bogotá (La Caro) Belencito Santa Marta, El Doctor and Mamatoco. rivate Initiative 3 in re- feasibility Study Stage: Oceanic red railway Megaproject acífico Orinoco Corredor ferroviario Tumaco uerto Carreño roject Ferropista Armenia Cajamarca Source: Vicepresidencia de Estructuración Agencia Nacional de Infraestructura
Logistics Airports Las Américas Logistic ort (ANI) The project doesn t require public resources On private land adjacent to the north runway from El Dorado Airport. Expand storage capacity, processing, handling and moving cargo. Status: re-feasibility in study Logistic Airport Center(ANI) The project doesn t require public resources Cargo logistics center in public lands of Ernesto Cortissoz International Airport. Status: re-feasibility in study Source: RUA
Urban Renewal - Sports Sporting Scenarios: 3 initiatives in pre-feasibility study and 1 feasibility study. Architectural renovation, actualization, operation and maintenance of El Campin Coliseum. rivate initiative without public funds Estatus: Feasibility in study. Urban renewal: 12 initiatives in prefeasibility study and 1 feasibility study. Data Source: Registro Único de Asociaciones úblico rivadas RUA
Contact ublic rivate artnership rogram Fabio Villalba Diego Mauricio Ávila Angélica Velasco Coordinator Legal Advisor Advisor favillalba@dnp.gov.co davila@dnp.gov.co amvelasco@dnp.gov.co (571 ) 3815000 (571 ) 3815000 (571 ) 3815000 Ext. 1320 Ext. 1327 Ext. 1325 Shirley Mardonez Luis Fernando Castro Carlos Garay Advisor Advisor Advisor smardonez@dnp.gov.co lcastro@dnp.gov.co cgaray@dnp.gov.co (571 ) 3815000 (571 ) 3815000 (571 ) 3815000 Ext. 1326 Ext. 1326 Ext. 1325 Valentina Bonilla Advisor Laura Tarazona Advisor vbonilla@dnp.gov.co ltarazona@dnp.gov.co (571 ) 3815000 (571 ) 3815000 Ext. 1323 Ext. 1322
National lanning Department www.dnp.gov.co