The Comptroller General of the Republic has warned of potential fiscal risks arising from unilateral modifications to the Canal del Dique project contract. In a document addressed to the Ministries of Transport and Finance, as well as the ANI, Comptroller Carlos Hernán Rodríguez Becerra questions the decision to alter contractual conditions without prior negotiation with the concessionaires.
The Canal del Dique project, vital for the Caribbean region due to its environmental, social, and economic impacts, now faces fresh alerts from the Comptroller General. The fiscal oversight body has raised concerns over the unilateral modification of an existing contractual condition, enacted by decree from the Government. This move, led by the National Infrastructure Agency (ANI), could lead to litigations, additional costs, and harm to public assets.
Comptroller General Carlos Hernán Rodríguez Becerra sent a communication to the Ministries of Transport and Finance, and to the ANI, noting that the agency always had the option to negotiate with concessionaires but chose a change without agreement. According to the Comptroller, this alters the agreed rules and could result in moratorium and remuneration interests affecting state finances. Specifically, it warns that such costs could begin in February and May 2026, depending on the interest type.
As of the end of 2025, the project's autonomous patrimony stood at $225.438 million, with some works already paid using future fiscal year resources. However, the Comptroller stresses that fund availability does not justify unilateral changes, which might open the door to breach claims, financial closure issues, or even early contract termination.
While respecting the autonomy of the involved entities, the body invites a review of the warnings to prevent higher fiscal costs and setbacks in this strategic undertaking. The Comptroller maintains ongoing monitoring of its execution and financial viability.
