CCI denounces $1 billion cut in future appropriations for megaprojects

The Colombian Chamber of Infrastructure (CCI) warned about the unilateral reduction of future appropriations in two key projects: the Mulaló–Loboguerrero highway and the Canal del Dique restoration, jeopardizing nearly $1 billion in funds. This government decision contradicts its own rules and undermines trust in the infrastructure sector. The guild demands the restoration of the 2025 funds.

The Colombian Chamber of Infrastructure (CCI), led by Juan Martín Caicedo, voiced its concerns in a letter to the ministers of Finance and Transport, the president of the National Infrastructure Agency (ANI), and the director of the National Planning Department (DNP). The document notes that the reduction in future appropriations impacts the construction, operation, and maintenance of the Mulaló–Loboguerrero highway in Valle del Cauca, by $340 billion, and the restoration of degraded ecosystems in the Canal del Dique, by $636 billion, totaling nearly $1 billion.

These projects are prioritized in the National Development Plan and vital for competitiveness, economic growth, and regional integration in Valle del Cauca and the Caribbean region. The CCI warned that this measure endangers fundamental works.

The guild highlighted a critical issue: a decree issued on December 29 stated that future appropriations could only be modified with agreement between the parties, yet two days later, the government implemented the cut unilaterally. “This action violates the guidelines set by the Executive itself, affects trust in infrastructure contracts, and may generate legal and financial risks for the Nation,” the CCI stated.

Thus, they urged the government to restore the 2025 future appropriations and honor the commitments. Failure to do so could subject responsible officials to disciplinary and fiscal sanctions.

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Realistic illustration of a press conference announcing charges against senators in a flood control kickback scandal, with documents and public frustration depicted.
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ICI recommends charges against senators in flood control scandal

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The Independent Commission for Infrastructure has recommended criminal and administrative complaints against Senators Joel Villanueva and Jinggoy Estrada, former Representative Zaldy Co, and three others over alleged kickbacks in flood control projects. Related probes include a forged affidavit by a Senate witness linked to Co and efforts to forfeit implicated assets. Lawmakers are pushing for a stronger anti-corruption body amid public frustration with the inquiry's pace.

The Colombian Chamber of Infrastructure (CCI) responded to President Gustavo Petro's statements suggesting that the fiscal deficit could be offset by cuts to investments in already contracted road concessions and the return of resources held in trusts. The business group clarified that those funds are not available surpluses but resources earmarked for ongoing works, and the actual available amount is $6.5 trillion, not $18 trillion as claimed by the president.

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The Colombian Chamber of Infrastructure (CCI) Northern Section explained the reasons for the early termination of the Caribbean Highways concession contract, which will now be handed over to Invías. The guild denied rumors about dismantling the Tasajera toll on the Ciénaga-Barranquilla road and defended the highway concessions model.

Following last week's announcement of plans for an economic emergency decree, Interior Minister Armando Benedetti confirmed its signing by all cabinet members on December 18 and filing the next day. The measure addresses a 16.3 trillion peso shortfall in the 2026 budget after tax reform's failure, targeting high-income sectors to secure public debt payments and avoid rising country risk.

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The Senate's Finance Committee started reviewing the public sector readjustment bill, presented by Finance Minister Nicolás Grau. Deputies approved a 3.4% gradual salary increase but rejected the 'tie-breaker norm' aimed at greater job stability. Opposition anticipates rejecting that provision again in the Senate.

President Gustavo Petro announced the end of private road concessions as his government's primary budget-saving measure, shifting management to the state to potentially reduce tolls. This follows the recent confirmation of a 5.30% toll increase starting January 2026 tied to inflation.

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옴부즈만 Jesus Crispin Remulla는 인프라 독립위원회(ICI)가 1~2개월만 지속될 수 있다고 말했다. 그러나 ICI 위원장 Andres Reyes Jr.는 위원회가 2년 운영될 것이라고 반박했다. 논란은 최근 위원회의 권한과 미래에 대한 발언에서 비롯됐다.

 

 

 

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