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Barranquilla borrows for infrastructure investments

Barranquilla borrows for infrastructure investments

September 15, 2021
Colombian city takes out a $100 mln loan from Deutsche Bank for a three-year development program

Loans Debt Economy & Policy Project & Infrastructure Finance Healthcare Health Policy Colombia

The Barranquilla city government borrowed $100 million from Deutsche Bank to finance infrastructure projects in an ongoing development program, the city legal adviser said in a press release on Tuesday. The program, called "Soy Barranquilla," runs from from 2020 to 2023 and involves investments in healthcare, education, public safety, housing and water supply services among other projects US law firm Clifford Chance advised Barranquilla in New York, it said in the release, while Mendoza Abogados

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