National Planning Department.

www.dnp.gov.co

National

Planning

Public Private Partnerships

Regulatory Framework and

Project Portfolio

1.

Colombia’s macroeconomic overview

2.

Colombia’s Infrastructure

3.

PPP Law – Legal Framework

4.

Productive and Social Project Portfolio – Public Initiative

5.

Productive and Social Project Portfolio – Unsolicited Proposals

Content

1. Colombia’s macroeconomic

overview

Colombian Geography and

Demography

Easy access point. Central location between Mexico, Caracas, Miami and

Lima

TOTAL POPULATION 48,2 million Principal Cities: Bogotá (8,9 million) Medellin (3,4 million) Cali (3,1 million) Colombia is a Democratic, constitutional republic comprising thirty-two departments. The Capital and largest city is Bogotá.

Per capita GDP has triple its value

since 2003

GDP per capita (USD)

Source: IMF

2.262

7.930

0 1.000 2.000 3.000 4.000 5.000 6.000 7.000 8.000 9.000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 20 13 (p) 20 14 (p)

0 500.000 1.000.000 1.500.000 2.000.000 2.500.000

Colombia has a bigger GDP than

its peers in the LA region

GDP 2014 (USD Billions)

Source: IMF

Colombia’s GDP represents the 8% of

the Latin American and the Caribbean

GDP.

Colombia’s GDP represents:

•

16% of Brazil

•

29% of Mexico

•

70% of Argentina

Colombia 377.740 Mil Mill. USD

In 2014 the Colombian economy reached a growth of

4,6%, very similar to the figure projected by the

government

Source: IMF

Latin America shows a slowdown in its economic growth of 1,3% in 2014, explained by

lower performance such as Brazil but offset by good results as the Colombian (4,6%) and

Ecuadorian (3,6%).

4,6%

3,6% -2 0 2 4 6 8 10 12 14 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Colombia Chile Peru Brasil Ecuador

2,4%

1,9%

0,1%

3,72% 0,00% 1,00% 2,00% 3,00% 4,00% 5,00%

Título del gráfico

Total Inflation Inflation without food

Min Máx 8,8% [VALOR] 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20 15 (p) Source: DANE

Inflation in June 2015 is above the

range

Inflation

4,42%

The increase in food prices, particularly perishable (potato) and some processed foods

such as rice along with the transfer of the peso depreciation to domestic prices,

explained most of the increase in overall inflation in the first quarter of the year.

Since 2011 Colombia has attracted

more FDI

FDI will be kept around 3% of GDP, which is consistent in the context of low petroleum

prices where investments in the oil sector will be reduce.

FDI 2002 – 2014 USD Millions

Colombia’s main investors

2002 – 2014

Source: BANREP

United States

• USD 26.491 millions • Share: 32%

United Kingdom

• USD 16.809 millions • Share 20%

Chile

• USD 4.856 millions • Participación 6%

Spain

• USD 9.316 millions • Share 11% 2.134 _3.116 10.235 6.751 10.565 6.430 14.648 16.257 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Doing Business Ranking Variation 2007-2015

Easy of Doing Business Rank

*Positive Values show ranking improvements in

business environment.

Data source: Doing Business Reports 2007 - 2015

Colombia

is ranked 34 reflecting significant

protection to investors.

Positive Investment Environment

-23

-13

1

4

8

29

30

45

-40

-20

0

20

40

60

Argentina

Chile

Brasil

México

Ecuador

Panamá

Perú

Colombia

124

120

115

52

41

39

35

34

Argentina

Brasil

Ecuador

Panamá

Chile

México

Perú

Colombia

14,98

15,54

14,10

13,64

11,81

12,03

11,20 11,27

12,03

11,78

10,84

10,38

9,65

9,11

_8,90

8 9 10 11 12 13 14 15 16 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20 1 1 2012 2013 2014 2 0 1 5 (p)

%

Unemployment Rate (%GDP) is in

permanent decline

* Rate of unoccupied people of the economic active population

Data source: Banco de la República, DANE

Unemployment rate ended

June 2015 in 8,9%

Colombia’s trade balance

2001 – 2015*

Data Source: Banco de la República, Ministerio de Hacienda

U

S

M

il

li

o

n

60.106,50 83.441,94 0,00 10.000,00 20.000,00 30.000,00 40.000,00 50.000,00 60.000,00 70.000,00 80.000,00 90.000,00 100.000,00 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20 15 ( pr) Exports Imports

Gross Fixed Capital Formation (%GDP)

2001 – 2014

Data Source: World Bank

16,03

17,25

18,68

19,44

20,22

22,40

23,03

23,49

22,44

22,13

23,88

23,85

24,17

26,01

15 17 19 21 23 25 27 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20 1 1 2012 2013 2014 % P IB

Good performance of this sector is

mainly explained by an increase of

12,1% in civil Works.

GDP growth has been marked mainly by the

construction sector

In 2014 the construction sector continued being one of the main driving forces of the economy to

contribute 0,7 pp to overall GDP growth, with a variation of 9,9%

Data Source: Ministerio de Hacienda, DANE

11,60% 9,90% -2,00% 0,00% 2,00% 4,00% 6,00% 8,00% 10,00% 12,00% 14,00% 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20 1 1 2012 2013 2014 Buildings Civil Works GDP Growth Construction

Colombia obtained “investment

grade” issued by main credit rating

agencies

Standard & Poor's Ratings Services maintained its long-term sovereign credit ratings on Colombia’s foreign currency in 'BBB'

All main Rating agencies reviews highlighted the good economic and financial period that Colombia is experiencing nowadays, specially:

• Their ability to manage external shocks • Their excellent credit record

• An improvement in their Macroeconomic credibility • A significant improvement in their security

conditions

BBB

Baa2

BBB

The development of infrastructure

The development of road infrastructure in Colombia linking private participation began in the

mid 90s with the first generation of road concessions.

Since then, private participation in road infrastructure has remained through programs of

second and third generation of road concessions which sought to improve the execution of

contracts.

First Generation - 1992

11 road concession contracts, primarily focused on road rehabilitation and expansion of road

corridors (1,649 km).

Second Generation - 1995

Third Generation - 1998

Improve issues related to financial aspects, responsibility and risks schemes.

The second generation of road concessions involved 470 km of roads (construction and

rehabilitation of new roads, seconds driveways entrances to major cities).

Policy adjustments: extensions and additions to the concession contracts legislation was

improved.

3,557 km included, highlighting the

“Ruta del Sol” project which incorporated changes on risk

allocation between the public and private counterparts and a new scheme of contract award

criteria.

Main Problems

Road concession contracts (first, second and third generation) had significant

delays/problems regarding:



Work schedules



Additions in contracts (in time and amount)



Additional works executed without specific requirements



Property taxes and environmental overruns



Financial imbalance in contracts



Problems during the bidding process and contract award

Suggestions to improve the concessions scheme

1 – Strengthen prioritization and structuring of projects, including cost-benefit and Value for

money analysis.

2 – To Improve the institutional framework related to infrastructure, including a model of

long-term planning the approval process and analysis stages of structuring projects.

3 – To Increase institutional capacity to ensure proper risk transfer and reduce contracts

renegotiation.

4 - Perform rigorous analysis of the socio-environmental impacts before implementation of the

project.

5 – Assuring independent monitoring practice to measure the quality of services provided.

Access to modern infrastructure

and equal opportunities remain a

challenge for Colombia

1 = extremely underdeveloped; 7 = extensive and efficient by international standards

Quality of roads

Quality of railroad infrastructure Quality of port infrastructure

Source: World Economic Forum. Global Competitiveness Report 2013 – 2014

Global Competitiveness - Infrastructure (3.5)

Quality of air transport infrastructure

4 0 1 2 3 4 5 6 Venezuela Brazil Argentina Colombia Peru Uruguay Ecuador Mexico Chile 1,5 0 1 2 3 4 Uruguay Colombia Venezuela Argentina Peru Brazil Chile Mexico Ecuador 2,6 0 1 2 3 4 5 6 Venezuela Colombia Brazil Argentina Peru Uruguay Ecuador Mexico Chile 3,5 0 1 2 3 4 5 6 Venezuela Brazil Colombia Peru Argentina Ecuador Mexico Uruguay Chile

Infrastructure Public Investment

vs. Private Investment

3,2% 3,5% 3,6% 3,3% 4,1% 2,3% 2,9% 3,1% 3,6% 3,3% 2,0% 2,5% 3,0% 3,5% 4,0% 4,5% 2007 2008 2009 2010 (e) 2011 (e)

Inversion Privada / PIB Private Investment/ GDP Inversión Pública / PIB Private Investment/ GDP

Colombia s PPP capacity

Latin-American ranking

•

“Infrascope” is a benchmarking index that evaluates

19 LAC

government’s capacity to implement

sustainable and efficient infrastructure PPPs.

•

Sectors

: Transport, Water and Electricity

Infrascope 2010 - 2012 Index. Economist Intelligence Unit

Strenghts Weaknesses

Regulatory Framework(68.8) Institutional Framework (50.0) Operational Maturity(53,1) Investment Climate (78.0) Subnational Adjustment (50.0)

Financial Facilities (61.1) 61 59,6 0 10 20 30 40 50 60 70 80 2013 2014 45 50 55 60 65 2008 2009 2010 2011 2012 2013 2014 2015 SC O R E YEAR

Infrascope overall score

Puntaje Law 1508 Decree 1467

Decree 063: water and basic

sanitation

Private Investor

SPV

State Agency

Users

Constructor

Operator

Creditors

Shareholders

Long-term contract based on service delivery Construction contract Operating Agreement Disbursement of public funds Debt Stock Services Coordination Resource Management Payments O&M Construction payments operating revenue

Banking

Capital

Markets

PPP Basic scheme

PPP s Legal and Regulatory

Framework - Law 1508 / 2012

Mai

n

Cha

racteri

stics

The law applies to all sectors in which the provision of infrastructure and its

related services are needed.

Seeks to attract long term investors with enough financial capacity, who will

not only construct the infrastructure but also operate and maintain it.

Introduces the concept of payment for availability and level of service.

The law includes a regulatory regime applicable to unsolicited proposals,

involving correct incentives for their development.

The law reinforces the proper structuring of projects with regard to studies,

risk analysis and includes the concept of value for money.

The law contains changes in the budgetary treatment regarding: future

reserves for PPP national and territorial projects.

The law clarifies the roles and functions of the entities participating in the

PPP project cycle.

A data base to register the PPP Projects is created. (Managed by the NPD).

The infrastructure reverts to the public sector at the end of the concession

period. (30 years max)

All Sectors

Institutional

Organization

Information

Temporary

Contracts

Capacity &

Commitment

Service Payment

Incentives for

Private Initiatives

Proper structuring

Budgetary

Treatment

PPP Key Issues

BEFORE- LAWS 80/93 and 1150/07

NOW- LAW 1508/12

Advances were granted in concessions There are no advanced payments

No maximum term

Law 80/1993: Additions of maximum 50%

Law 1150/2007: Maximum term additions of 60%

Maximum term : 30 years

Additions are limited to 20% (CAPEX and OPEX)

The payment was made for construction works The payments are for the services provided by the infrastructure

The award process started with the opening of the bidding process

A stage for prequalification is allowed previous to the bidding process

There were no requirements to analyze the best way to implement the project.

The law requires to analyze and justify the way to implement the project (PPP or Traditional Procurement)

No difference was made between who financed and who constructed.

The requirements are oriented to enabling: legal capacity, ability and experience in financial investment or project structuring and development

The projects were not designed for financial and institutional investors.

It encourages the attraction of institutional and financial investors

Public initiative projects only They allow and encourage unsolicited bids (unsolicited proposals)

Public Contrib.

Construction Operation and Maintenance 30 Years

Public Contrib.

Construction Operation and Maintenance _{30 Years}

Payment is made according to the performance of the service The payment is made irrespective of compliance with the service

Legal and Regulatory Framework

- Contents of the PPP Law

II. Public initiative PPP

III. Unsolicited Proposals PPP

Resources:

Private and/or Public

Selection Process:

Public Bidding

Resources:

Private + max. 20% Public

Selection Process:

Public Bidding

Resources:

100% Private

Selection Process: Abbreviated

selection

IV. PPP Project`s common provisions

1.

Project funds are managed through SPV.

2.

Creation of a new database of PPP projects.

3.

Proper budget management to guarantee future

payments.

4.

The infrastructure reverts to the public sector

I.

General Provisions

Private idea: Only for new projects

Public Idea:

1.

The law applies to all sectors– minimum project

investment: USD 1.7 million.

2.

Maximum term including extensions– 30 years*

3.

Limit to additions and extensions of contracts with

public budget– 20%

4.

Nation payments subject to service availability

Public Initiative PPP project -

Flowchart

Conceptual Idea of the Project

Feasibility Studies

Technical, Financial and Legal Structuring

Request of fiscal endorsement and approval of annual budget

commitments Opening of the PPP bidding process

+

Public Contract PPP Assessment of social and economic issues

1. Risk analysis – Ministry of Finance 2. Assessment of PPP option - NPD

3. Financial and contractual clauses - Ministry of Finance

Positive

Requires Public $

Does not require Public $

Prioritization

Opening of the bidding process

First review Ministry of Finance then NPD Central government investment Without Central Government Investment First is reviewed by Ministry of Finance –

then the respective planning department Financial reviewed by Public development Banks – Art 27 / 1508 Previous Concept - VBA * * According a new presidential regulation, a previous concept has to be issued by Virgilio’s Barco Urban Renewal Agency in the case of projects for administrative offices and public buildings.

+

Positive

Subnational Public Entities

Unsolicited Proposals PPP project

- Flowchart

Proposal Assessment (6 months)

(The agency in charge may need complementary studies and must analyze

them in an additional term of 3 months)

Project rejected There is no commitment of

any kind with the private investor Concept (Max. 3 months) Initiative rejected Presentation of the initiative (Pre-feasibility stage) Favorable

• Not enough public interest • it needs more public resources (>20%)

• There are a current public work or a concessions in place. Causes of rejected

Negotiation arrangements (2 months)

Proposal`s originator Relevant Public entity

Competent entity must register the initiative in the RUAPP

( 5 days after receiving the proposal)

Acceptance of Pre-feasibility and acceptance conditions.

Project preparation, feasibility stage (Max. 24

months)

Favorable

MHCP and NPD

review and issue concept

(PPP with Co-financing of the

Nation )

or

the planning unit of the territorial entity

(PPP without Co-financing of the

Nation)

must have a public hearing to third parties and authorities within one month of the delivery of

Feasibility studies.

* This requirement is the responsibility of public entity

Unsolicited Proposals PPP project

- Flowchart

Max. 20% $ Public 100% $ Private Public Bidding (4 a 6 months) Abbreviated Selection Process (2 - 3 months) Source of funds Agreement Publication (Appendix included) (1-6 months) Direct selection Third party concerned No third party concerned Additional Points

3% - 10% (according to the amount of inversion)

First Right refusal (10 working days) Negotiation arrangements

(2 months)

They must have the approval of future appropriation, before the bidding process

Favorable

Proposal`s originator Relevant Public entity

4. Productive and Social Project

Portfolio – Public Initiative

13 Projects of Public Initiative

registered in RUAPP (1/2)

NAME OBJECT CONTRACTING

AUTHORITY

CURRENT STATUS

PPP Project for the concession of Airport of Barranquilla and South West Airports (Armenia-Neiva-Popayán)

Upgrade, management, commercial operation, maintenance and reversion of Airport of Barranquilla and South West Airports (Armenia-Neiva-Popayán)

National Infrastructure Agency-ANI In bidding process Implementation and operation of the System of Public Bicicles in Bogotá.

Endue Bogota with a system of public bicycles reachable to the citizens and that eases the integration of the people with the public transportation system (SITP).

Bogota s town

hall Pre-feasibility

Upgrade of the Public Lighting System in Palmira into LED technology.

Optimization of the energy consumption, material supply, design, enlargement, setting up, upgrade, operation and management of the public lighting system in Palmira .

Palmira’s town

hall Feasibility

Center for the

management of traffic, photo fines and traffic lights in Piedecuesta

Implementation of a center for the management of traffic, photo fines and traffic lights in Piedecuesta. Piedecuesta’s town hall Pre-feasibility Universal Access to Television DTHSOCIAL

Provision of satelite television service for municipalities located in non coverage areas.

National Authority of Television- ANTV

Pre-feasibility

Regional and Urban Light Rail west section

Light rail transport system at a regional level (West section) from Sabana Station to Facatativa Station in the municipality with that same name.

Empresa Férrea

Regional S.A.S Pre-feasibility

NAME OBJECT CONTRACTING

AUTHORITY STATE

Road project - Circuito de los Embalses in Antioquia

Improvement and enlargement of the regional road network in Antioquia.

Government of

Antioquia Feasibility

PPP for the program of national court houses

Overcome the deficiency in the access of the people to justice

services. Minister of Justice Pre-feasibility

Construction of the new building for the

Superintendency of notary and registration in Bogota.

Construction of the building with its associate services, spaces needed and requirements of earthquake resistance.

Superintendency of

notary and registration Feasibility

Upgrade of Matecaña International Airport.

Construction, upgrade, and adequacy of the land side and

administration, operation, commercial operation and reversion of the air side of Matecaña International Airport in the city of Pereira.

Matecaña

International Airport Feasibility

Public lighting service for Armenia, Quindío.

Concession for the administration, upgrade, operation and

enlargement of the public lighting service in Armenia in a term of 20 years.

Armenia’s town hall

Proceso de Selección (Ver SECOP)

Slaughterhouse for Arjona. Concession for the maintenance, operation and administration of the _{slaughterhouse in Arjona – Bolivar.} Arjona’s town hall Feasibility

Road network for Cordoba. Plan for an enlargement and improvement of the road network in

Cordoba. Córdoba’s town hall Pre-feasibility

13 Projects of Public Initiative

registered in RUAPP (2/2)

VILLAVICENCIO CALI BUGA PEREIRA SOGAMOSO PALO DE LETRAS CAUCASIA MONTERIA SINCELEJO CARMEN DE BOLIVAR VALLEDUPAR BARRANQUILLA CARTAGENA SANTA MARTA RIOHACHA PARAGUACHON SAN ROQUE NECOCLÍ PASTO ZIPAQUIRA Pamplona Simití Achí San Marcos SAN PELAYO GIRARDOT CUCUTA RUMICHACA NEIVA VILLAVICENCIO PUERTO GAITAN POPAYAN CALI SOGAMOSO B/MANGA CHACHAGÛÍ ESPINAL ARMENIA IBAGUE PTO. SALGAR Cáqueza CALERA Sopó LA PAILA BUENAVENTURA STDER. QUILICHAO YOPAL TAME ARAUCA Sisga EL SECRETO MOCOA CARTAGO Planeta Rica La Yé Toluviejo

Cruz del Viso Carreto Ponedera

La Paz San Juan Buenavista

Cuestecitas Barbosa Aguaclara Ocaña MANIZALES VILLETA MEDELLIN BOGOTA BARRANCAB. REMEDIOS Pto. Arimena El Tigre Pto. Berrío Santa fé de Ant. Bolombolo La Manuela Camilo C Tunel de Occidente TUNJA Aguachica Granada 772 2014 708 2.046 1.487 1.274 2.765 2014 2014 2014 2014 2015 Total km Tender date 1st tranche 212,6 31,8 156,6 146,7 268 630 1st tranche km Group 1 Group 2 Group 3 Group 4 Roads to prosperity East Range Current Concessions News PPP Early victories Estimated Kilometers 8.917

Total Investment estimated (billions of dollars)

24,4

Source: ANI- National Infrastructure Agency

Leading Projects : Almost 1,100 km out to tender

before 2014

Center South – Group 1

Early Victory

Girardot - Neiva (190 km)

Neiva – Mocoa- Santana (444 km)

Puerto Salgar – Girardot ( 212,6 km)

ROAD CORRIDORS:

Kilometers: 846,6 Km Actual Tolls: 6 New Tolls: 7-9

TOTAL CAPEX (Billions USD): 1,3

MAIN FEATURES

Santana Pto Salgar La Dorada Honda Mariquita Neiva Girardot Mocoa Ibagué BOGOTA P P P P P P P Tolls Pto Bogotá

South West – Group 2

Buga – Buenaventura ( 118km)

Mulaló – Loboguerrero (31,82km)

Ibagué – La Paila (135km) ROAD CORRIDORS:

Santander de Quilichao –Chachagüí (360 km) Pasto Rumichaca (80km)

MAIN FEATURES

Kilometers: 724,8 km Actual Road Tolls: 8 New Road Tolls: 3

TOTAL CAPEX (Billions USD): 2,75

Ibagué La Paila Buga Chachagüi Stder Quilichao B/ventura Rumichaca Pasto Cali Mulalo Loboguerrero Dagua P P P P P P P P

P Tolls Early Victory

Center East – Group 3

Pte Arimena Guasca La Calera Choachí Caqueza Briceño El Tablón Chirajara Aguaclara Granada Sisga ARAUCA Hato Corozal Tame YOPAL Pore Pto López Villaviecio

Doble calzada Bogotá – Villavicencio (72km) Villavicencio – Arauca (823km)

Corredor Perimetral del Oriente (156,6km)

ROAD CORRIDORS:

Malla Vial del Meta (340km)

MAIN FEATURES

Kilometers: 1.391,6 Km Actual Road Tolls: 14 New Road Tolls: 5

TOTAL CAPEX (Billions USD): 3,93

P P P P P P P P P P P P P P P Pto Carreño Pto Gaitán Early Victory Tolls

Caribbean Region – Group 4

Cartage na B/quilla Malambo Sta Marta Ye de Ciénaga Ponedera Carreto Arjona Cruz del Viso Cereté San Juan Nepomuceno Ciénaga De Oro El

Viajando San Marcos Sahagún Sincelejo Yatí Puerta De Hierro Corozal Cuestecit as San Roque La Paz Valledupar El Burro Tamalameque Distracció n La Florida Paraguachón Caucasia San Juan Del Cesar

Barranquilla – Santa Marta (93km) San Roque - Paraguachón (474 km)

Cartagena – Barranquilla (146,7 km)

MAIN FEATURES

Kilometers: 1.481,7 Km Actual Road Tolls: 11 New Road Tolls: 6

TOTAL CAPEX (Billions USD): 2,91

ROAD CORRIDORS:

Caucasia – Cruz del Viso (434 km) Cereté - Ponedera (334 km) P P P P P P P P P P P

P Tolls Early Victory

Roads for Prosperity

El Tigre Sta. De Antioquia MEDELLIN Portal Occidental T. de Occidente T. Dolores Porcesit o S.J Nus Caucasia Remedios Ancón Sur Camilo C Bolombolo La Pintada La Virginia La Manuela Irra

MAIN FEATURES

Kilometers: 1.446,5 Km

Actual Road Tolls: 10 New Road Tolls: 14-18

TOTAL CAPEX (Billions USD): 7,25

ROAD CORRIDORS:

Group 2 (503 Km) Group 3 (359 Km) Group 1 (584,48 Km) P P P P P P P P P P Pto. Berrio Ruta del Sol Zona Cafetera Región Caribe

P Tolls Early Victory

East Mountain Range –

Adaptation Fund

Duitama – Pamplona –Cúcuta (373 km)

MAIN FEATURES

Kilometers: 2.266 Km

Actual Road Tolls: 11

TOTAL CAPEX (Billions USD): 5,43

ROAD CORRIDORS:

Manizales – Honda –Villeta (220km)

Bogotá –Bucaramanga – Pamplona (543 km) Tunja –Chiquinquirá – Puerto Boyacá (315 km) Puerto Gaitán – Puerto Araujo (571 km)

Duitama – Pamplona –Cúcuta (373 km)

Cúcuta –Aguaclara- Puerto Capulco (257 km)

Cúcuta – Puerto Santander (51km)

Ocaña Aguaclara Villeta Honda MANIZALES Pto Gaitán Duitama TUNJA Pto Boyacá Pto Araujo B/MAGA Pamplona Pto Santander CUCUTA BOGOTA P P P P P P P P P P P P

P Tolls Early Victory

Early Victory

Total Km 630 Total CAPEX US 1509 mm Type of investment:

Manteinance and restoration of the existent roads. Construction of a second lane (70 Km)

Other roads

MAIN FEATURES

Kilometers: 485Km

Existing tolls: 2

TOTAL CAPEX (Billons USD): 0,87

ROAD CORRIDORS:

Cúcuta –Tibú – La Mata (331 Km)

Bucaramanga – Barrancabermeja – Yondó (154Km)

La Mata P Convención Tibu CÚCUTA B/Bermeja P

Source: ANI- National Infrastructure Agency

Awarded projects

Loboguerrero – Buga 55,42 km

Zipaquirá - Palenque

55,42 km: rehabilitation,

operation and maintenance of

the existing road

$29,95 millions USD

Winning Bidder : CSS

Constructores S.A.

370 Km: rehabilitation, operation and

maintenance

$183,4 millions USD

Winning Bidder : Consorcio

Hidalgo e Hidalgo Colombia S.A.S.

First Group 4G

www.dnp.gov.co

Capex*

Opex*

Km

Current Status

FIRST GROUP OF PROJECTS (USD Millon)

PIONEERS

Girardot - Honda - Puerto Salgar

459

455

190,13

Awarded

Mulaló – Loboguerrero

596,5

220,5

31,82

Awarded

Perimetral de Oriente de Cundinamarca

565

289,5

153,8

Awarded

Cartagena - Barranquilla, Circunvalar de la

Prosperidad

479,5

375

159,09

Awarded

SECOND GROUP OF PROJECTS (USD Millon) – GROUP I

Autopista Conexión Norte

491,5

432

145

Awarded

Autopista al Río Magdalena 2

686,5

306,5

144

Awarded

Autopista Conexión Pacífico 1

895

338

53,8

Awarded

Autopista Conexión Pacífico 2

456

302

97,78

Awarded

Autopista Conexión Pacífico 3

650

413,5

146,2

Awarded

Projects awarded

4G – Girardot - Puerto Salgar

Construction of new second lanes

(55km), operation and maintenance

(157km).

190,13 km

25 years.

$ 1,200 Millions USD

Winning Bidder

: Mario Alberto

Huertas Cotes (75%), Constructora

MECO SA Sucursal Colombia (25%).

Girardot – Puerto Salgar

Projects awarded

4G – Mulaló - Loboguerrero

Length

: Section 1 - 6.66 Km, Section 2 - 5.84

Km, Section 3 - 4.1 Km, Section 4 - 7.13 Km Y

Section 5 - 8.09 Km for a Total of 31.82 km

Period

:

25 years

Capex:

USD 500 million

Opex

: USD 250 million

Winning bidder

: Estudios y Proyectos del Sol

(Episol) 60%, (Colombia) and Iridium Colombia

Concesiones Viarias 40%, (España)

Mulaló- Loboguerrero

Source: ANI- National Infrastructure Agency

Projects awarded

4G – Perimetral de Oriente de

Cundinamarca

Rehabilitation and Construction

(95,33km), and improvement

(57,66km).

152,99 km

25 years

$ 750 Millions USD

Winning Bidder

: Shikun & Binui AG

Israel (37.05%); C.I. Grodcos . en C.A.

Ingenieros Civiles Colombia (25%);

Colombiana de Inversiones (37.05)%.

Perimetral de Oriente de

Cundinamarca

Projects awarded

4G – Cartagena - Barranquilla

Length

: Section 1, 117 km y Section 2, 36.7 km, for a

total approx. de 153.7 km.

Period

: 25 years.

Capex :

USD 500 million

Opex

: USD 350 million

Winning bidder

: Mario Alberto Huertas Cotes y

Constructora MECO Sociedad Anónima Sucursal

Colombia.

Cartagena-Barranquilla

Source: ANI- National Infrastructure Agency

Projects awarded-

Conexión Norte

Length

: Section 1, 58 Km y Section 2, 87 Km,

for a Total of 145 km.

Period

:

25 years

Capex :

USD 500 million

Opex

: USD 300 million

Winning bidder

: Autopistas del Nordeste SPV

Conexión Norte

Source: ANI- National Infrastructure Agency

Projects awarded-

Rio Magdalena 2

Length

: Approx. 144 Km.

Period

:

25 years

Capex:

USD 700 million

Opex

: USD 400 million

Winning bidder

: EP OHL Concesiones

compuesta por OHL Concesiones Colombia

S.A.S 60% y OHL Concesiones Chile S.A.

40%.

Source: ANI- National Infrastructure Agency

Preliminary

Projects awarded

4G – Pacifico 1

Rehabilitation, construction, operation

and maintenance

49,7 Km

25 years.

$945 Millions USD

Winning Bidder

: Estudios y proyectos

del Sol S.A. Episol S.A.S (60%),

Iridium Colombia Concesiones Viales

S.A.S. (40%).

Pacifico 1

98 Km: 44 km(construction of new

second lanes) 54km (operation and

maintenance)

25 years.

$480 Millions USD

Winning Bidder :

P.S.F Concesión La

Pintada (Odinsa and Colombian

partners)

Pacifico 2

Projects awarded

4G – Pacifico 2

Rehabilitation or construction of new

second lanes operation and

maintenance.

142 km

25 years

$935 Millions USD

Winning Bidder :

Mario Huertas

Cotes (Colombia) – Constructora

MECO S.A. (Costa Rica).

Pacifico 3

Projects awarded

4G – Pacifico 3

Rio Magdalena 1

Length

: Approx. 161 Km

Period

:

25 years

Capex:

USD 1050 million

Opex

: USD 80 million

Status:

Suspended

MAIN FEATURES

Source: ANI- National Infrastructure Agency

Second Group 4G

www.dnp.gov.co

Capex*

Opex*

Km

Current Status

ROADS FOR PROSPERITY (USD Million) – GROUP II

Autopista al Mar 1

728,5

480

180

Awarded

Autopista al Mar 2

767,5

319

245

In bidding process

NEWS (USD Million)

Neiva- Girardot

673,5

532

190,85

Approved by MHCP and

DNP

Santana - Neiva

751,5

733,5

447

Awarded

Rumichaca – Pasto

816,5

341,5

79,67

In bidding process

Popayán - S/der de Quilichao

595,5

256

75,83

Awarded

Transversal del Sisga

246

219

137,17

Awarded

Villavicencio – Yopal

942,5

527,5

264,13

Awarded

P/ta de Hierro - Palmar

224,5

396

202,56

Awarded

B/manga- B/meja - Yondó

887

516

212,02

In bidding process

Projects awarded 4G - Mar 1

Study, final design, financing,

environmental, property tax and social

management, construction, improvement,

rehabilitation, operation, maintenance and

transfer of Sea Grant Highway 1.

Approx. 180 Km

25 years

$1.603 Million USD

Winning Bidder:

SAC 4G integrated by

SACYR Concesiones Colombia S.A.S

37.5%, Strabag S.A.S 37.5% and COBCAY

S.A 25%.

MAIN FEATURES

Projects 4G - Mar 2

Length

: 245 Km.

Period

: 16 years. (2014 – 2030)

Capex:

USD 767,5 million

Opex

: USD 319 million

Status:

In bidding process

MAIN FEATURES

Calzada Nueva

Source: ANI- National Infrastructure Agency

Projects 4G -–

Neiva-Girardot

Source: CONPES

Length

: 190,85 Km.

Period

: 25 years

Capex:

USD 673,5 millions

Opex

: USD 532 millions

Projects awarded 4G -–

Santana-Neiva

Fuente: CONPES

Financing, construction, rehabilitation,

improvement, operation, maintenance and

transfer of the Neiva-Mocoa-Santana

Corridor

447 Km

25 years

$1.368,70 Million USD

Winning Bidder:

Controladora de

Operaciones de Infraestructura S.A de CV

(35%), Cass Constructores y Cia (20%),

Carlos Alberto Solarte Solarte (20%),

Estyma (10%) and ALCA Ingeniería (5%).

Projects 4G -

Rumichaca-Pasto

Fuente: CONPES

Length

: 79,67 Km.

Period

: 25 years

Capex:

USD 816,5 million

Opex

: USD 341,5 million

Projects awarded 4G –

Popayán-Santander de Quilichao

Fuente: CONPES

Financing, construction, rehabilitation,

improvement, operation, maintenance and

transfer of the Popayan-Santander de

Quilichao Corridor

75,83 Km.

25 years

$1.165,35 Million USD

Winning Bidder:

Hidalgo E Hidalgo S.A.

Sucursal Colombia 25%, Hidalgo E Hidalgo

Colombia S.A.A 5%, CASS Constructores

& CIA S.C.A 35% and Carlos Alberto

Solarte 35%.

Projects 4G -

Transversal del Sisga

Fuente: CONPES

Financing, construction, rehabilitation,

improvement, operation and maintenance

of the Transversal del Sisga Corridor.

137,17 Km.

25 years

$540,98 Million USD

Winning Bidder:

Centro Oriente SPV

integrated by KMA Construcciones S.A

40%, Ortiz Construcciones u Proyectos

40% and Obresca 20%

Projects 4G –

Villavicencio-Yopal

Fuente: CONPES

Study, final design, financing,

environmental, property tax and social

management, construction, improvement,

rehabilitation, operation, maintenance and

transfer of Villavicencio-Yopal corridor.

261 Km.

25 years

$1.295,98 Millions USD

Winning Bidder:

SAC 4G integrated by

SACYR Concesiones Colombia S.A.S

37.5%, Strabag S.A.S 37.5% and COBCAY

S.A 25%.

Projects 4G –

Puerta de Hierro-Palmar de Varela

Fuente: CONPES

Study, final design, financing,

environmental, property tax and social

management, construction, improvement,

rehabilitation, operation and maintenance

of Puerta de Hierro-Palmar de Varela

corridor.

202,56 Km.

25 years

$370,94 Million USD

Winning Bidder:

EP SAC 4G integrated

by SACYR CONCESIONES COLOMBIA

S.A.S

Projects 4G –

Bucaramanga-Barrancamermeja-Yondó

Fuente: CONPES

Length

: 154 Km.

Period

: 25 years

Capex:

USD 887 million

Opex

:

USD 516 million

Third Group 4G

www.dnp.gov.co

Capex*

Opex*

Km

Current Status

ADAPTATION FUND

Bucaramanga – Pamplona

411,68

315,18

133,1

Approved by MHCP

and DNP

Pamplona - Cúcuta

647,83

269,73

112,7

Approved by MHCP _{and DNP}

Ocaña - Cúcuta

767,68

347,36

195,5

In structuring

Zipaquirá - Barbosa

995,82

670,24

145,7

In structuring

Barbosa - Bucaramanga

598,59

458,70

215,5

In structuring

Duitama - Pamplona

367,54

428,88

307,5

Approved by MHCP _{and DNP}

Sogamoso – Aguazul - Mani

418,35

308,68

182,5

In structuring

Chinchiná – Mariquita

359,17

404,49

141

In structuring

National Benefits

(1) Regional Average

(2) Total National Population 48.217.545 Data Source: DANE

(3) Projects are physically developed in 24 municipalities but the impact of the National Programme is because increases

the competitiveness of the economy improving connectivity between different regions of the country and generate a boost to employment in almost all regions.

(4) No information available: The estructuring of the four projects have not completated.

Fiscal Future Commitments (USD Billion) N Departments N Municipalities Stimate Poblation Annual Growth GDP Reducing Travel Time Generated Jobs Total 4G $24,61 24 National Impactl(3) Total National Population (2) 1,5% 30% 180.000-450.000 Pioneers $3,84 6 22 7`750.873 1,58% (1) 30% 61.000 Autopistas Prosperidad Grupo I $4,61 4 41 1'325544 1,5% (1) 35% 60.000 Autopistas Prosperidad Grupo II $4,23 1 20 827.757 Without Data(4) 39% Without Data(4)

NPD Challenges in structuring

Road Projects

Structuring technical, legal and financial under

the PPP mechanism the San

Gil-Charalá-Duitama

Corridor,

which

includes

the

rehabilitation of approximately 20 kms and the

operation and maintenance of the corridor.

Structuring financed by the Support Private Participation Programme- SPPP- NPD.

BARRANQUILLA

BARRANQUILLA’S AIRPORT

2015

ARMENIA NEIVA POPAYÁN

ARMENIA, NEIVA AND

POPAYÁN AIRPORTS

2015

Airports in 4 cities

Source: ANI- National Infrastructure Agency

Submissions scheduled for April 10th of 2015.

Mantecaña’s Airport– National

Projects

Fuente: Aeromate - SECOP

In prequalification process

Publication of the invitation document in SECOP: September 23rd

Deadline for sumissions of interest expressions: November 18th

The resolution of the list of prequalified (12) was published: February 2nd, 2015

Object

Construction, modernization of the land side and the management, operation, maintenance, commercial, exploitation and transfer of the land and airside of the Matecaña’s Airport in Pereira City

Fluvial Projects

Magdalena’s River navigation recovery

Object

Description

Current State

Recovery of Magdalena´s River navigation using PPP schemes

•Between Puerto Salgar / La Dorada - Bocas de Ceniza. • Term: 10 years

•Works for river canalization

• OyM activities to guarantee : 4,5 foots on Puerto Salgar/Puerto Berrío stage; 6,0 foots on Puerto Berrío/Barrancabermeja stage; 7 foots on

Barrancabermeja/Puente Laureano Gómez stage; and 37,5 foots until Bocas de Ceniza.

• Project will demand a total investment of (USD1,2 billion).

Awarded (August 15th₎

Public Buildings

Fiscalía General de la Nación - Cali

Data Source: Estudio “Diseñar, Estructurar e Implementar la Estrategia de Participación Privada para el Diseño, Construcción, Dotación, Operación y Mantenimiento de Sede para la Seccional Cali de la Fiscalía General de la Nación”. Estructuración Valfinanzas S.A.

In Prequalification

Object

Design, construction, management, operation and maintenance of the Fiscalía General de la Nación Offices –Cali and the provision of associated services through PPP model

Generalities

• Net area (office) + health + Batteries + communal areas Circulation and fixed points + Technical areas: 42,015,32 m2. • Basement Area 1 and 2: 14,530,22 m2.

• TOTAL PROJECT AREA: 56.545 m2 • Commercial operation area: 754 m2 • Estimated Investment: USD 80 MM

• Concession period: 15 years + 1.5 years (construction)

Current Status

Construction of the FGN – Cali, La construcción de la FGN – Cali, it’s framed in the draft Urban Renewal "Paradise City" that aims to improve the public space of the city center.

Justice sector / Public buildings

projects

Source: Study “Design of the private capital entailment strategy for infrastructure solutions of judicial offices and the Superintendence of Notaries and Registry offices”- Valfinanzas

Superintendence of Notaries and Registry–

Bogotá D.C.

Structured

Estimated Opening Bid Process in 2015

Objective

Basic Concepts

Current Status

Design, construction, administration, operation and maintenance of the infrastructure and related services for the Superintendence of Notaries and Registry Offices (SNR) through a public-private partnership scheme.

Estimated area: 45.000 m2 plus 17.000 m2 of underground parking lots distributed this way:

 SNR: 9.000 m2.

 Commercial infrastructure: 45.000 m2.

Estimated infrastructure investment: US$ 75 Million

Potential complementary services to be provided by the private sector:

 Parking lots  Private offices  Food court Bogotá D.C.

Leading Projects in social economy

Subnational Court Houses

Ministry of Justice and Law

Structuring process completed

Estimated Opening Bid Process in 2015

Objective

Property management, design, construction, maintenance and operation of the physical infrastructure of 50 Subnational cout houses.

Basic Concepts

Estimated area: 60.646 m2 (1.213 m2 for house):

Estimated infrastructure investment: USD 62 MM

Deadline:16.5 years

 1.5 years (design and construction)

 15 years (operation and maintenance)

Fuente: Aeromate - SECOP

Project at studies and designs stage.

Object

Construction of a three-building complex where 6.000 officials from ministries and various government agencies will be located in 16 floors.

First construction of Ciudad CAN, an urban development plan that entails the renewal of an area of 213 acres.

Public initiative proposed by the National Company for Renewal and Urban Development Virgilio Barco

Area: 104.000 m²

Start of works: Second quarter 2016.

Construction term: 30 months

Current Status

Urban Renovation

CAN Project

Justice sector / Public buildings

projects

Cali.

OFFICES

Colombia’s attorney general – Cali Offices

Location: Areas of urban renovation raised by the zoning plan, located in the zone known as the Global Centre of the city of Cali.

Total project area: 56,545 sq mt Projected land area: 8.000 Sq mt

Institutional estimated area : 30.000 Sq mt plus parking lots. Estimated infrastructure investment : US$ 75 Millions

Source: Colombia´s General Attorney Offices

Objective

Basic Concepts

Current Status

Design, construction, administration, operation and maintenance of the offices for the Colombia´s attorney general – Cali offices and the provision of connected services, through a public-private partnership scheme.

El Dorado 2 Airport

Object

•

Increase the operating capacity, competitiveness and

development of the country's main airport.

•

Perform structuring a PPP project that integrates the

existing El Dorado Airport with the new airport El

Dorado II.

•

The project should consider

how it would be the integrated

Cundinamarca light rail or

Regiotram with the new

airport that will be built

between the municipalities of

Madrid and Facatativá.

•

The

airport

will

be

consolidated as the main 'hub'

of South America, not only of

cargo but also of passengers.

Permanently provide drinking water and to

increase the coverage and quality of this

service in the city of Santa Marta, as well as

improving the coverage and quality of

wastewater management that occur in the

city.

Object

Current Status

•

In structuring.

• Public Initiative Project

NPD Challenges in structuring

Social Projects

Structuring technical, legal and financially a

PPP project that includes the restoration,

construction,

manning,

operation

and

maintenance of the infrastructure of museums

owned by the Ministry of Culture.

Structuring financed by the Programme to Support Private Participation – SPPP NPD.

Status: In Structuring

Structuring technical, legal and financially a

PPP project that includes the construction,

manning, operation and maintenance of the

infrastructure

of

a

group

of

libraries

(municipal, district or departmental), located in

different municipalities or districts.

Structuring financed by the Programme to Support Private Participation – SPPP NPD.

Status: In Structuring

5. Productive and Social Project

Portfolio – Unsolicited Proposals

Processes Developed

Name

Status

CAPEX (USD

Million)

OPEX (USD

Million)

VFM* (USD

Million)

IP Ibagué –

Cajamarca

Awarded

15/01/2015

509,76

675,35

99,40

IP Malla vial del

Meta

Awarded

09/04/2015

342,12

241,52

201,15

IP Chirajará –

Fundadores /

Bogotá

Villavicencio

Awarded

23/04/2015

770,54

819,61

263,73

IP

Departamentos

del Cesar y la

Guajira

Awarded

19/05/2015

152,15

562,75

109,88

IP Cambao –

Manizales

Awarded

19/05/2015

202,72

310,51

101,10

Data Source: Vicepresidencia de Estructuración – Agencia Nacional de Infraestructura / SECOP

Awarded Road Transport

Data Source: SECOP

IP Ibagué - Cajamarca

Financing: 100% private

Studies, design, construction, operation, maintenance, social

management, property and environmental of the second

carriageway of the road Ibagué - Cajamarca, and operation and

maintenance of Highway System, Chicoral variant, Gualanday

variant, Gualanday -Ibagué, Gualanday - Espinal, Picaleña

Variant, North Branch and existing path Ibagué-Cajamarca.

Contract value:

1,860,649 million

pesos

Awarded:

January 15, 2015 (direct

contracting)

Proponent:

Originator Promise of

Future Society PPP – GICA SA

comprised of Constructora Colpatria

S.A. 29%, Mincivil S.A 29%, HB

Estructuras Metálicas S.A 14%,

Termotécnica Coindustrial S.A 15%

and Latinoamérica de construcciones

S.A – Latinco S.A with a 13%.

Diagnóstico

•Solicite información sobre su

libreta militar.

•Obtenga información sobre la

oferta educativa.

306 unsolicited projects, 241 of them without public

resources

Invitation Notice Feasibility Feasibility in studies Pre-feasibility in studies Selection

Processs Awarded Rejected Total

Roads 1 1 21 51 3 69 146 Urban Transport 8 15 8 31 Public Parking 13 6 18 Street Lighting 1 1 14 2 18 Urban renewal 1 4 6 11 Traffic control 1 7 3 11

Water and Sanitation 8 4 12

Solid waste 8 2 10

Trains and subway 4 6 4 14

Airports 1 4 1 2 8 Healed 3 4 7 Public buildings 2 1 5 1 1 10 Commercial retail 1 4 2 7 Transport 6 6 Urban logistics 1 1 3 5 Prisons 5 5 Public Parks 4 4 Sporting facilities 1 3 1 5 Education 2 2 Airport logistics 1 2 3 Urban 1 1 2 Dam construction 1 1 Port logistics 1 1 Television 1 1 Housing 1 1 Document 1 1 Information systems 1 1 TOTAL 1 5 44 169 1 4 118 342 Source: RUAPP

Road’s Projects

IP Cesar - Guajira

Does not require public resources

Studies, design, construction, operation, maintenance, social management and environmental in the second carriageway of the road “Ibagué – Cajamarca” and operation and maintenance of the road system.

Contract value: US$ 930 Million Status: Awarded

Does not require public resources

Construction, rehabilitation, operation and maintenance of road system to connect the departments of “Cesar” and “La Guajira”

Status: Study Feasibility

IP Ibagué - Cajamarca

Source: RUAPP

IP La Paila - Calarcá

Does not require public resources

Construction, Management, Operation and Maintenance of Road Corridors Second road La Paila - The Wire; Double road El Alambrado - Barcelona - Calarcá and Administration, Operation and Maintenance Calarcá – Cajamarca road.

Airports

Does not require public resources

Design and construction of a taxi driveway, the expansion of the aircraft parking area, Improvement of the passenger terminal area and installation of boarding bridges.

Status: Pre-feasibility study

Airport Rafael Núñez - Cartagena.

Airport El dorado

Does not require public resources

Design, construction and maintenance for the adequacy of the outdoor infrastructure of the "El Dorado" airport in Bogotá.

Status: Pre-feasibility study

Urban Transport

Ligth Rail Transit in Bogotá – Corredor Occidente

Requires public resources

Construction, operation and maintenance for a tram.

Status: Feasibility study

Ligth Rail Transit in Bogotá –Corredor Sur

Requires public resources

Mass public transit system over the old rail located in the south of the city.

Status: Feasibility study

Source: RUAPP