Colombia Builds Road to the Sun

Colombia Builds Road to the Sun


"Ruta del Sol" is becoming a utopian catch phrase in Colombia's business community, which is eagerly anticipating $35 billion in infrastructure spending over the next three years. The unbuilt highway, which will connect Bogotá, located at the geographical center of the country, to three key Caribbean ports – Barranquilla, Cartagena and Santa Marta – is part of a grand experiment being cooked up by the federal government and IFC that could result in a new template for LatAm infrastructure finance. The goal is to create a new model for auctions of large-scale concessions – one that departs from the current standard where projects are solely financed with capital from engin

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