PPP and investment law

Colombia: PPP and investment law

The laws that govern PPP and concessions, investment guarantees, dispute settlement and legal terms, with links to the official texts.

Checked on October 23, 2026Information, not legal advice

In brief

Colombia's Law 1508 of 2012 is a mature PPP regime with separate tracks for public and private initiative. A private originator may structure and propose a project; if it loses the tender, the winner must pay its structuring costs. Colombia is an ICSID member and a party to the New York Convention.

PPP and concession law

In force

Ley 1508 de 2012 – Por la cual se establece el régimen jurídico de las Asociaciones Público Privadas, se dictan normas orgánicas de presupuesto y se dictan otras disposiciones

English title: Law 1508 of 2012 on Public-Private Partnerships

Adopted: January 10, 2012
Official publication: Diario Oficial No. 48.308

A PPP is a contract between a state entity and a private natural or legal person (Art. 1), with a minimum investment of 6,000 statutory monthly minimum wages (SMMLV). Title III (Arts. 14 ff.) sets out private-initiative projects: private parties structure them at their own risk, and the originator is reimbursed its structuring costs if it is not selected.

Official text (opens in a new tab)

Investment protection

We have not yet checked a separate foreign investment or investment screening law for this jurisdiction against an official source, so we do not summarise one here.

Constitutional protection of property

The constitutional property provision has not yet been checked against the official text, so we do not summarise it here.

Dispute settlement

ICSID Convention

Contracting State

In force: August 14, 1997

New York Convention (1958)

Party

Investment treaty with Ukraine

No bilateral investment treaty

Ukraine's treaties at a glance

Legal terms

How the law names each party, in the original language. Useful when reading tender documents and contracts.

Public side

entidad estatal competente

Private side

inversionista privado
persona natural o jurídica de derecho privado

Who proposes a project

originadorauthor of a private-initiative project

A private originador may structure and propose a project. If another bidder wins, the winner pays the originator's structuring costs.