WATER AND SANITATION INFRASTRUCTURE
Infrastructure is the government's commitment to the country's economic development.
The water and sanitation sector is a major commitment for the national government. Through the National Development Plan, they seek to extend coverage and expand physical infrastructure as an indispensable factor for urban development, economic growth, poverty reduction and environmentally sustainable development.
- Sanitation of both water sources and soils had an average investment of USD 4.556 billion between 2015 and 2019.
- Colombia is planning to increase the share of treated wastewater, with a target of 54% in 2022 and 68% in 2030.
- A wide gap between urban (98%) and rural (76%) aqueduct coverage, which impacts 3.8 million inhabitants without access to drinking water.
- In Colombia, only 36% of urban wastewater is treated, ranking 6th in Latin America. And 40% of drinking water is wasted in Colombia.
- In Colombia, sanitation will have an investment of approx. USD 380 million over the next years for 158 works in 132 municipalities. Currently, 17% of the municipalities have open landfills, 8.3% recycled material and 21 municipalities with treatment, of which 12 municipalities have sanitary waste landfills in a critical state, corresponding to 34% of the country's total.
INVESTMENT OPPORTUNITIES IN WATER AND SANITATION INFRASTRUCTURE
The national government will promote the diversification of financing sources and the linking of private capital for the provision of educational The national government will promote the diversification of financing sources and the involvement of private capital for the provision of educational establishments, health centers, prisons, water conservation, sports, cultural and other social infrastructure that will improve the processes of economic development, the reduction of social gaps and the standard of living of the population.
Water management policies in Colombia
- Develop protection and conservation actions in 24 aqueduct supply basins in municipalities susceptible to shortages by 2030.
- Reuse 10% of the domestic wastewater treated by the providers of the public aqueduct service by 2030.
- Achieve 68% of the treatment of domestic urban wastewater by 2030.
THE SECTOR HAS A ROBUST REGULATORY AND INSTITUTIONAL FRAMEWORK FOR CONTRACTING
The main mechanism defined for the development of infrastructure in Colombia since 2012 are the Public-Private Partnerships - PPP (Law 1508 of 2012). With the purpose of promoting private capital investment in the development of infrastructure works in the country and strengthening the legal framework for the execution of Public-Private Partnership (PPP) projects, Decree 438 of 2021 was issued, which includes the best international practices on the subject, as well as actions resulting from the country's experience, which has been internationally recognized in the World Bank ranking in 2020, occupying the 2nd place in the world for the development of projects under the PPP scheme.
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