PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606765

Primary Business Area

Transaction Advisory

Disclosure Date

Apr 7, 2025

Country

Colombia

Region

Latin America and the Caribbean

IFC Approval Date

Jun 13, 2022

Status

Active

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Apr 11, 2025

Project Estimated Start Date

Sep 1, 2024

Project Estimated End Date

Dec 31, 2026

Client Legal Name

GOVERNMENT OF ANTIOQUIA

Project Description

IFC will provide transaction advisory services to the Government of Antioquia, to structure a neutral fiber optic network with a view to tender it competitively under a PPP scheme. This will be the first ICT PPP in Colombia. Ultimately, the Project would benefit a minimum estimate of 420,000 people by providing high speed connectivity coverage and wholesale access to existing and/or new operators that require adequate infrastructure to offer their services.

Development Results

E&S Risks / Impacts and Mitigation