Infrastructure

The government plans to implement heavy spending programmes to address Colombia’s severely deficient infrastructure network, a result of a rugged topography and decades of corruption, militancy and shifting government priorities. The Santos administration, which identified infrastructure development as a key pillar of its inclusive economic development policy, has committed to increasing investments from 1% to 3% of GDP. Investment allocations in the national budget have more than doubled in recent years, exceeding $4.2bn in 2012 and 2013. By 2020 the government expects some $50bn to have been invested, with the bulk coming from the private sector following administrative reform of the National Infrastructure Agency and a new law on public-private partnerships, aimed not only at increasing transparency and efficiency but also at attracting private investment. This chapter contains an interview with Luis Fernando Andrade Moreno, President, National Infrastructure Agency.