Financing Transportation Projects

In this article we analyze the existing alternatives for financing transport infrastructure projects with special emphasis on funds managed by Institutional Investors, mainly from public pension plans and life-insurance companies through technical reserves. Before the recent heavy rainfalls, there were sufficient funds to finance the infrastructure projects, but the damage caused has led the government to look for new sources of funding. Although transport projects will continue to be funded using the national budget, financing will be undertaken through securitization of fiscal flows and Public Private Partnerships (PPP) schemes will link investors to the funding and execution of new projects.