El aporte de las concesiones mediante APP en infraestructura de transporte al crecimiento y el bienestar de Colombia

Abstract

This article examines the role of Public-Private Partnerships (PPPs) in financing large transportation infrastructure projects, and their impact on the economy. It presents a balance of the investments in this sector over the past decades and identifies the contributions, challenges, and outlook of the PPP model in transportation, comparing it with experiences from other countries. It assesses the macroeconomic impact of investment on transportation infrastructure and analyzes the recent policies posing an imminent threat to the sustainability of road concessionaires in the medium and long term. Despite the abundant literature in this field, a gap is noted in the comprehensive analysis of all PPPs in Colombia and their evolution since their inception. This document contributes to sector literature by evaluating and quantifying the risks associated with political and economic decisions that threaten the PPP scheme. These risks could translate into a setback in the institutional progress undertaken for decades in the country.