The Government has created a Trust and a program to protect the
PPP public works financing
As a result of the uncertainty created by the corruption
investigation in public works, a trust will be put in place that
will ensure its financing and unlock the short-term loans that were
negotiated in the PPP (Public-Private Partnership) bids. The trust
will allow the contributions of the banks to finance the works, go
through this state trust to the companies.
This trust will be a tool to give financial liquidity to public
works, will be managed by the Minister of Transportation, and Banco
Nación will provide a capital of 200 million dollars for
companies that have the concession of the six road corridors
already tendered and another 30 billion pesos to discount the work
certificates. The contribution that Banco Nación will make
to the operation of this trust, will be accompanied by other
private banks.
