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Infrastructure is key to Colombian government goals

Friday, December 9, 2022

Significance

Petro is uncomfortable with public-private partnerships, but appears willing to look beyond that in pursuit of broader development goals; improved infrastructure is considered fundamental to achieving social transformation.

Impacts

  • The government will focus on infrastructure that benefits marginalised communities, such as rural roads, electrification and sanitation.
  • It will struggle to reconcile the social and environmental impacts of some projects with certain constituencies.
  • Freight rail projects appear intended, ultimately, to provide a Colombian alternative to the Panama Canal.
  • The energy grid will require production and exploration infrastructure for gas as a transition fuel until 2040, according to Ecopetrol.
  • Corruption will hinder Colombia’s attractiveness as an investment destination.

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