LatAm must learn from Colombia’s 4G programme, say panellists

Latin American countries looking to start infrastructure projects can learn from the mistakes made in Colombia’s 4G programme, heard delegates at Latin Lawyer’s 5th Annual Regional Project Finance Summit.

LatAm must learn from Colombia’s 4G programme, say panellists John Graham and Andrew Compton , Freedom Film LLC/Christopher Lazzaro

When Colombia launched its multibillion-dollar 4G infrastructure programme in 2013, a total of 31 projects went to market. This immediately created a steep learning curve for all involved. “Several projects were subject to delays where costs and contracts were amended, others had geological problems, sometimes arising in the early stages of construction,” said Manuel Fernando Quinche of Colombia’s Brigard & Urrutia Abogados.

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