Project Description
IFC and Financiera de Desarrollo Nacional signed an agreement on October 9th, 2013 to create an integrated infrastructure development fund in Colombia that will support the government in structuring and tendering private sector participation projects in
a broad range of infrastructure sectors at the national or sub-national level. Following signing, fund implementation work by IFC and FDN started on November 1, 2013 aimed at business development. An initial amount to be managed by IFC has been allocated
for
business development, which is only a portion of the total resources of $2 million in the fund. Following business development work, the first project is expected to start by or before January 31, 2015.