The firm aims to replicate its approach in Mexico, positioning itself at the forefront of public-private partnership (PPP) projects in the Colombian market. Colombia has embraced the PPP model to finance and deliver public infrastructure and its associated services. It invites private sector participation by way of a newly enacted public-private partnership law.
Under the leadership of international director Santiago Klein and Bogotá office senior manager Hector Santarella, the Colombian team will offer interdisciplinary professional advice to investors, developers and public sector bodies in the delivery of both public and private infrastructure projects.
Klein said: “The Colombian market has changed substantially over the past few years. This is in large part due to consistent and prudent fiscal policies, government campaigns and the country’s advancing economic reform, which have strengthened the local levels of operational safety, business transparency and accountability. Clearly, this makes Colombia an increasingly attractive market. In turn, Colombia is very open for business and particularly welcomes tried and tested know-how where PPP is concerned, as this procurement model is now used for the first time in the country. From our Bogotá office we will service the demand for improved infrastructure across all sectors in close partnership with the Colombian government and local businesses.”