"Research on the Context of Trustee at Public Private Partnerships (PPP) Realization. Evidence from Colombia"

In the last decades Colombia has introduced several institutional arrangements in order to attract investment at infrastructure facilities and installations, so that this research is aimed to compare and clarify the different frames in reference to the introduction of trustee as a fair investment vehicle for Public Private Partnerships (PPP) realization in Colombia. Additionally, in order to attract investment from China to Colombia, this research depicts the realization of Public Private Partnerships (PPP) through the use of trustee as special investment vehicle. The study aims to identify advantages and disadvantages exploring the Special Purpose Vehicle (SPV) as mechanism of PPP realization based on the case of Colombia introducing trustee as a complementary SPV cooperation tool. This study seeks contributions to creditors, investors, policy makers, governmental entities, to encourage its use by clarifying the difference within the application and realization of PPP projects depicting necessarily through the PPP context in Colombia served by New Institutional Economic Perspective (NIEP) whose main direction is demonstrating and assuring through trustee a fair treatment among its counterparts involved at executing complex infrastructure projects and to take the case of Colombia as an example that could be applied in other countries