DLA Piper Martínez Beltrán Infrastructure and Projects Pipeline General overview

www.dlapipermb.com 2 Projects in

ANTIOQUIA BOYACÁ CESAR HUILA QUINDÍO TOLIMA

ATLÁNTICO CALDAS CÓRDOBA MAGDALENA SANTANDER VALLE DEL CAUCA

BOLIVAR CAUCA CUNDINAMARCA NARIÑO SUCRE www.dlapipermb.com 3 Colombia is your bet

Política Nacional de Logística

Plan Maestro de Plan Maestro Transporte Ferroviario Enabling Policies

Accesos Urbanos Plan Maestro Fluvial

Plan Aeronáutico Estratégico

www.dlapipermb.com 4 Colombia is your bet

The GDP per capita (PPP) in Colombia (2019) has doubled in the last 15 years As a member of OECD, More than 700 multinational Colombia will promote more companies have launched efficient transparent investment programs in institutions, and trade Colombia in the latest years, facilitation, which will allow which shows foreign investor Foreign direct investment improvement and strength in confidence (FDI) in Colombia reached its the key sectors to recover the highest number in 2019 with economy after COVID-19 US $14,493 million, registering an increase of 25.6% compared to the figures of 2018, according to Colombia was officially The Colombian economy is Colombian central bank. acknowledged in the World the fastest growing in Latin Economic Forum as the America. The country's GDP fourth most competitive grew 3.3% in 2019 country of Latin America in 2019 Colombia has access to 60 countries through free trade agreements and to 114 free zones

Colombia is the Latin American country with the greatest progress towards energy transition, rising nine positions in the WEF 2020 Energy Transition Index, being in the 25th place worldwide (World Economic Forum)

www.dlapipermb.com 5 Colombia is your bet

Infrastructure projects still in place even under COVID-19 circumstances

Local governments will promote Multiple development centers infrastructure, transport, and and regions with a growing mobility solutions, which will middle class ensure optimal open opportunities for demand for products and structuring new projects Infrastructure projects, services construction, and housing subsidies will contribute to the economy's reactivation, with the strong support of the national In 2019, Colombia was ranked government second in the Latin American and Caribbean region (behind More business-friendly tax and Chile) in the Infrascope, which regulatory policies are expected assesses a country's ability to to promote investment The economic growth of the implement public-private civil works sector during the first partnerships in sustainable quarter of 2020 obtained a infrastructure significant result of 9.1%, proving that the sector maintains the rhythm that it had in 2019

www.dlapipermb.com 6 Sectors

*All figures provided are subject to be changed either by the competent entity or by the developer, as applicable

www.dlapipermb.com 7 1. Waterway Recovery

www.dlapipermb.com 8 PPP Río Magdalena

Competent entity Agencia Nacional de Infraestructura Cormagdalena

Description Project in Santander and Atlántico departments comprising 908 km improvements to attain navigability of the from Barrancabermeja to Bocas de Ceniza.

Investment USD 700 million

Status Antioquia Ongoing pre-selection tender.

www.dlapipermb.com 9 Recovery of Ecosystems and Dredging of Canal del Dique Competent entity Agencia Nacional de Infraestructura

Description Project in the north coast of the country for the complete recovery of the waterway entry to one of the main ports of the Colombia. The project comprises the 117 km restoration of the canal’s ecosystem and the optimization of its navigability.

Investment USD 660 million

Status EOI must be presented before 11 March 2021

www.dlapipermb.com 10 Canal de Acceso Puerto de Buenaventura (Dredging Project)

Competent entity Agencia Nacional de Infraestructura

Description Project in Valle del , comprising the dredging and maintenance of the access channel to the Buenaventura Maritime Terminal in a depth of 16.5 mts.

Investment USD 295 million

Status Under structuring

www.dlapipermb.com 11 Recuperación Ciénaga de Mallorquín

Competent entity Alcaldía de

Description Improvement of the connectivity between Las Flores neighborhood and the Puerto Mocho beach, including the urban renovation of Las Flores and the environmental recovery of the water body and the Puerto Mocho beach.

Investment USD 80 million

Status Pre-feasibility studies

www.dlapipermb.com 12 2. Airports

www.dlapipermb.com 13 IP New Cartagena Airport

Competent entity Agencia Nacional de Infraestructura

Description 5G project unsolicited PPP in Bolivar department, comprising the construction of a completely new international airport in Cartagena with an extension of 100,000 square meters. The project will have a concession period of 30 years.

Investment USD 988 million

Status Under structuring

www.dlapipermb.com 14 IP Expansion of Cartagena Airport

Competent entity Agencia Nacional de Infraestructura

Description Unsolicited PPP in Bolivar department, comprising the construction and improvement of the terminal, platform, five boarding bridges and taxiway to maximize airport capacity.

Investment USD 160 million

Status Under structuring

www.dlapipermb.com 15 IP Southwestern Airports

Competent entity Agencia Nacional de Infraestructura

Descripción Unsolicited PPP comprising the construction and improvement of five airports located in , Neiva, Buenaventura, Armenia and Ibagué. The project will have a concession period of 30 years.

CAPEX 359 million

Status Under structuring

www.dlapipermb.com 16 Aeropuerto Del Café

Competent entity Agencia Nacional de Infraestructura

Developer Asociación Aeropuerto del Café

Descripción Association for the construction of the Aeropuerto del Café in the municipality of Palestina, Caldas.

Investment USD 600 million

Status Under structuring

www.dlapipermb.com 17 IP Sistema Aeroportuario D.C. 2050 (SAB 2015) Competent entity Agencia Nacional de Infraestructura

Description Unsolicited PPP in comprising (i) expansion of the current terminals and platforms (ii) construction of a third runway, a new terminal and a complementary airport with a runway between Madrid and Facatativá. The project will have a concession period of 30 years.

Investment USD 9 billion

Status Under structuring

www.dlapipermb.com 18 IP Campo de Vuelo (Flight field El Dorado)

Competent entity Agencia Nacional de Infraestructura

Description 5G project unsolicited PPP in Bogotá department, comprising the expansion and improvement of the El Dorado Airport Flight Field.

CAPEX USD 170 million

Status Under structuring

www.dlapipermb.com 19 3. Railways

www.dlapipermb.com 20 La Dorada - Chiriguaná

Competent entity Agencia Nacional de Infraestructura Financiera de Desarrollo Nacional

Description 5G project, still under design. Comprises the construction of a central corridor with a length of 521km between Caldas and Cesar departments.

Investment USD 366 million

Status Under structuring

www.dlapipermb.com 21 Línea Férrea Medellín – Urabá

Competent entity Agencia Nacional de Infraestructura

Developer Ferrocarril de Antioquia

Description This connection will have a total of 305 kilometers and will be enabled for freight and passenger traffic between Medellín and the ports of the Gulf of Urabá. The overall planning of the works has been divided into three sections: La Pintada-Caldas (with 99.7 kilometers), Caldas-Barbosa (76.9 kilometers) and Barbosa-Puerto Berrío (128.4 kilometers).

Investment Pending

Status Pre-feasibility studies

www.dlapipermb.com 22 Tren del Caribe

Competent entity Agencia Nacional de Infraestructura Findeter

Description The Santa Marta-Barranquilla-Cartagena corridor project includes the offer of a regional train that would improve mobility and generate the opportunity for greater interaction between the Caribbean coast region's cities. In addition, the train will be a mixed freight and passenger system connected to La Dorada-Santa Marta central railroad. The proposed length is approximately 238 km.

Investment Pending

Status Pre-feasibility studies

www.dlapipermb.com 23 IP Chiriguaná - Dibulla

Competent entity Agencia Nacional de Infraestructura

Developer Centromín S.A.S.

Description PPP for the construction and operation of a new 328 km railway line that would connect Puerto Brisa and Dibulla in La Guajira, with the central railway trunk in Chiriguaná-Cesar, to transport minerals, grains, hydrocarbons and general cargo.

Investment USD 335 million

Status Pre-feasibility studies

www.dlapipermb.com 24 IP Tren de Cundinamarca

Competent entity Agencia Nacional de Infraestructura

Developer GBS Finance

Description The project is structured under the scheme of PPP of private initiative, with a term of 25 years. It consists in the rehabilitation, construction and operation of 170 km of railroad between Facatativá and La Dorada, as well as the operation of the route between Facatativá and Santa Marta (937 km).

Investment USD 170 million

Status Pre-feasibility studies

www.dlapipermb.com 25 IP A Todo Tren (Light rail of Barranquilla)

Competent entity Alcaldía de Barranquilla

Description Unsolicited PPP in Atlántico department, comprising the construction of the first phase of the Barranquilla tram rail which will include 15 stations alongside an 11.8 km line connecting Barranquilla International Airport with the center of the city.

CAPEX USD 688 million

Status Under structuring

www.dlapipermb.com 26 IP Ferropista en la Cordillera Central

Competent entity Agencia Nacional de Infraestructura

Description Unsolicited PPP in Quindío and Tolima departments, comprising the construction of a 55 km that includes a tunnel of 44,2km under the “Cordillera Central”.

CAPEX USD 2 billion

Status Under structuring

www.dlapipermb.com 27 4. Toll Roads

www.dlapipermb.com 28 Malla Vial del Valle del Cauca-Accesos Cali y Palmira (Highway network of Valle del Cauca)

Competent entity Agencia Nacional de Infraestructura

Description 5G project comprising the construction and improvement of 310 km of road between Cali and Palmira, in Valle del Cauca department, where the main airport of the region is located.

Investment USD 393 million

Status Ongoing tender

www.dlapipermb.com 29 Buga – Loboguerrero – Buenaventura

Competent entity Agencia Nacional de Infraestructura

Description 5G project comprising the construction and improvement of 55.1 km (Buga- Loboguerrero) and 58.7 km (Loboguerrero-Buenaventura) on a fraction of the “Malla Vial del Valle del Cauca”.

Investment USD 825.2 million

Status Pre-feasibility studies. There is going to be a public tender for each section.

www.dlapipermb.com 30 Troncal del Magdalena C1 (Puerto Salgar- Barrancabermeja)

Competent entity Agencia Nacional de Infraestructura

Description 5G project of the first sector of “Troncal del Magdalena” in Cundinamarca and Santander departments, comprising (i) the construction of a 148.1 km carriageway, and (ii) the improvement of a 153 km of existing road. The project will have a concession period of 25 years.

Investment USD 662 million

Status Pre-feasibility studies

www.dlapipermb.com 31 Troncal del Magdalena C2 (Barrancabermeja- San Roque)

Competent entity Agencia Nacional de Infraestructura

Description 5G project on the second sector of “Troncal del Magdalena” in Santander and Antioquia departments, comprising (i) the construction of a second 125.7 km carriageway, and (ii) the improvement of 107,4 km of existing road. The project will have a concession period of 25 years.

Investment USD 552 million

Status Pre-feasibility studies

www.dlapipermb.com 32 Accesos Norte II (North Access II)

Competent entity Agencia Nacional de Infraestructura

Description 5G project for the north entry of Bogota, comprising (i) a 5.8km roadway expansion from 3 to 5 lanes per way of the “Autopista Norte”, including the BRT lane; (ii) the construction of 4.9 km second lane of “Carrera 7”; and (iii) the construction of 7.2 km of a bypass roadway in Sopó, Cundinamarca.

Investment USD 449 million

Status Pre-feasibility studies

www.dlapipermb.com 33 IP Autopistas para La Paz 2

Competent entity Agencia Nacional de Infraestructura

Description 5G program - unsolicited PPP in Antioquia and Boyacá departments, comprising the construction and improvement of 110 km of road.

Investment USD 1 billion

Status Under structuring

www.dlapipermb.com 34 IP ALO Sur

Competent entity Agencia Nacional de Infraestructura

Description 5G project - unsolicited PPP in Cundinamarca department comprising the construction and improvement of (i) a 14.4 km double carriageway; and (ii) a second 9.9 km carriageway with bike trail.

Investment USD 335 million

Status Under structuring

www.dlapipermb.com 35 IP Villeta -

Competent entity Agencia Nacional de Infraestructura

Developer Corredores Viales de Occidente S.A.S

Description 5G program - unsolicited PPP in Cundinamarca department, comprising the construction and improvement of 143 km between Villeta and Guaduas, to improve the route from Bogotá to the Caribbean coast.

CAPEX USD 489 million

Status Under structuring

www.dlapipermb.com 36 IP Autopistas del Sinú

Competent entity Agencia Nacional de Infraestructura

Description Unsolicited PPP in Córdoba and Sucre departments, comprising the construction of a 55 km second road and the rehabilitation of 83 km.

Investment USD 1 billion

Status Under structuring

www.dlapipermb.com 37 5. Mass Transportation and Urban Planning

www.dlapipermb.com 38 BRT Replacement of Fleet

Competent entity Transmilenio S.A.

Description Project comprising the replacement of 2.200 buses of the Transmilenio System. The model includes the possibility to provide the fleet and/or to operate it, and the technologies required are electric, GNV-Euro VI, and Diesel Euro IV.

Investment Pending

Status The first public tender closed in October 2020 with an offer to provide and operate 305 buses. Proposals for the second public tender must be presented before 18 December 2020

www.dlapipermb.com 39 Metro Ligero de la 80 La 80 Light Rail (LRT)

Competent entity Alcaldía de Medellín

Description It is a strategic project of sustainable mobility, urban transformation and public space, which will connect the Medellín's western region through light rail technology. The project will have 13.25 km, 17 stations, 3 road bridges and 20 trains.

Investment USD 944 million

Status Under structuring. The public tender will be carried out in mid 2021

www.dlapipermb.com 40 Corredor Verde Cali - Tren de Cercanías

Competent entity Alcaldía de Cali Financiera de Desarrollo Nacional

Description Project in Valle del Cauca department comprising the construction of a train that will connect Cali with Jamundí and Palmira municipalities by traveling 73 kilometers. It includes the improvement of public space.

Investment USD 555 million

Status Preliminary terms of reference for the technical structuring are currently published

www.dlapipermb.com 41 Regiotram del Norte (North Regiotram)

Competent entity Gobernación de Cundinamarca Financiera de Desarrollo Nacional

Description Project in Cundinamarca that comprises the construction of a railway corridor which will connect several surrounding towns in the northern suburbs of Bogotá to the city's BRT system.

Investment Pending

Status Pre-feasibility studies

www.dlapipermb.com 42 Expansión Metro de Bogotá Competent entity Alcaldía Mayor de Bogotá

Description The project seeks to cover the demand of transportation in Suba and Engativá districts by connecting those zones with Chapinero through the first line of the Bogotá Metro. With this line, about 2 million people will benefit in both districts where besides having a high population density, there is insufficient supply of mass public transport.

Investment Pending

Status Pre-feasibility studies. The structuring phase will be carried out in 2021

www.dlapipermb.com 43 Corredor Verde de la Séptima Competent entity Alcaldía Mayor de Bogotá

Description The project seeks to transform Bogotá’s 7th Avenue. It is divided into three sections and each will have intermodal transportation according to its social needs. It will improve the public space for pedestrians, bicycle and electric transportation. In addition, it will be connected to the North Regiotram and it involves the construction of two overhead cables.

Investment USD 115 million

Status Participation and consultation with impacted communities until December 2020

www.dlapipermb.com 44 SETP Villavicencio

Competent entity Alcaldía de Villavicencio Findeter

Description It includes both the structuring of the Mobility Master Plan and the establishment of the Strategic Public Transport System of Villavicencio (SETP), located in the eastern plains. The structuring project has nine phases, and it has an initial investment of USD 1M.

Investment Pending

Status Under structuring

www.dlapipermb.com 45 SETP Ibagué

Competent entity Alcaldía de Ibagué

Description The new strategic public transportation system of Ibagué contemplates the construction of stations, bus stops, fleet changes and a comprehensive repair of the road network. This project has already begun its execution phase and it is expected to be completed in the year 2024.

Investment USD 153 million

Status Pre-feasibility studies. The CONPES for this project was approved in December 2020

www.dlapipermb.com 46 Tramo 3 SITM Cali - MIO

Competent entity Alcaldía de Cali Masivo Integrado de Occidente - MIO

Description The project includes the execution of phase II of the MIO System, which includes the intervention of section 3, mixed lanes and the elevated station of Carrera Octava, facilitating access to the service for 408,000 inhabitants of Cali.

Investment USD 61 million

Status The CONPES for this project was approved in December 2020

www.dlapipermb.com 47 Bucaramanga Smart City

Competent entity Alcaldía de Bucaramanga Findeter

Description Improving the quality of life of the inhabitants of Bucaramanga through the transformation of public space with accessibility and efficient mobility. The project includes four phases in the structuring stage, which seeks to identify 5 axes of work and their solutions (two of them are already established i.e., public lighting and traffic lights).

Investment Pending

Status Under structuring

www.dlapipermb.com 48 6. Water and Public Sanitation

www.dlapipermb.com 49 PTAR Canoas (WWTP Canoas)

Competent entity: Empresa de Acueducto y Alcantarillado de Bogotá (EAAB)

Description Project in the municipality of , Cundinamarca comprising the construction of a new water treatment plant to decontaminate the Bogotá river and receive 70% of the city´s sewage water.

Investment USD 1 billion

Status Under structuring

www.dlapipermb.com 50 PTAR Neiva (WWTP Neiva)

Competent entity: Departamento Nacional de Planeación Empresas Públicas de Neiva (Las Ceibas)

Description Project in the municipality of Neiva, Huila comprising the construction of a new water treatment plant to decontaminate the Magdalena river and receive Neiva´s sewage water.

Investment Pending

Status Technical, financial and legal structure was presented on November 2020

www.dlapipermb.com 51 PTAR Duitama (WWTP Duitama)

Competent entity: Departamento Nacional de Planeación Corpoboyacá

Description Project in the municipality of Duitama, Boyacá comprising the construction of a new water treatment plant to decontaminate the Chicamocha river.

Investment Pending

Status Under structuring

www.dlapipermb.com 52 Acueducto Valledupar

Competent entity Alcaldía de Valledupar

Description Project in , comprising the improvement of the sewage system of rural and urban populated centers

Investment Pending

Status The viability of the project was approved by Cesar the OCAD PAZ in September 2020

www.dlapipermb.com 53 7. Social and Institutional

www.dlapipermb.com 54 Expansion of Atanasio Girardot Stadium

Competent entity Alcaldía de Medellín

Developer APP Medellín

Description Design, building, financing, operation, maintenance and establishment of business strategies for finance structural and functional improvements to the Atanasio Girardot sports complex, in order to make it an international sports, cultural and entertainment scene.

Investment USD 118 million

Status Pre-feasibility studies

www.dlapipermb.com 55 Agroindustrial Prison

Competent entity Alcaldía de Medellín

Developer APP Medellín

Description Design, building, financing, operation, maintenance of a prison. The project will help to reduce prison overcrowding, achieve effective re-socialization, generate work opportunities and to have adequate spaces for 2200 inmates. The contract is expected to be awarded in 2021.

Investment USD 19 million

Status Under structuring

www.dlapipermb.com 56 Hospital Departamental Santa Sofía

Competent entity Hospital Departamental Universitario Santa Sofía

Description The project seeks to improve and strengthen the health network of Caldas to support the current and future demand of patients.

Investment USD 53 million

Status Under structuring

www.dlapipermb.com 57 Plataforma Logística del Eje Cafetero

Competent entity Gobernación de Risaralda

Description The project is a public initiative and the National Government through the Ministry of Transport. It has studies at the level of feasibility and 110 hectares for the development of the project.

Investment USD 66 million

Status Under structuring

www.dlapipermb.com 58 Centro Logístico de Barrancabermeja

Competent entity Gobernación del Santander UK Prosperity Fund

Description Project in , comprising the construction of a multimodal logistics platform necessary for activities related to packaging, transportation and distribution by air, land and water for the national and international transit of goods.

Investment Pending

Status Under structuring

www.dlapipermb.com 59 Centro Agro Logístico del Atlántico

Competent entity Gobernación del Atlántico UK Prosperity Fund

Description Project in Atlántico department, comprising the construction of an agricultural logistics center that allows the transformation and merchandizing of agricultural products in the Caribbean region.

Investment Pending

Status Under structuring

www.dlapipermb.com 60 10. Public Policy Strategic Projects

Documents or information developed by national or regional policies

www.dlapipermb.com 61 Plan Maestro Ferroviario

Competent entity Departamento Nacional de Planeación Ministerio de Transporte

Description The following are additional projects included Group I and Grupo II of the Railway Master Plan.

Pacific Train, 498 km Group I Train Bogotá - Belencito, 257 km *La Dorada - Chiriguaná Train, 521 km

Connection between Bogotá and the central corridor Group II Connection between the Pacific Railroad and the Central Railroad Corridor Connection between Medellín and the national railway network

*Documents or *This project is under structuring as explained above

www.dlapipermb.com 62 www.dlapipermb.com 63 Transportation Master Plan

Competent entity Ministerio de Transporte Agencia Nacional de Infraestructura

Description The following are additional projects included in the Transportation Master Plan.

Public initiatives

Private initiatives

5G - Segunda Ola

www.dlapipermb.com 64 Public Initiatives

Corridor Project CAPEX (USD)

Llanos Orientales – • Bogotá – Villavicencio • 873 million Buenaventura – Pasto • Buga – Loboguerrero* • Loboguerrero – Buenaventura* • Accesos Cali – Palmira* • Popayán – Pasto • 131 million Bogotá – Costa Atlántica • Troncal del Magdalena 1* • Troncal del Magdalena 2* • Barranquilla – Ciénaga • 495 million • Barranquilla – Cartagena • 291 million Bogotá – Medellín – Urabá • Del Toyo Tunnel (Santa Fe de Antioquia – • 407 million Giraldo) Bogotá – Cúcuta • Accesos Norte Fase II* • Zipaquirá – Barbosa – Bucaramanga • 1 billion Corredores fluviales • PPP Río Magdalena* • PPP Canal del Dique* Corredores férreos • La Dorada – Chiriguaná*

*Documents or *Projects information described above

www.dlapipermb.com 65 Private Initiatives

Corridor Project CAPEX (USD) Llanos Orientales – • IP – ALO Sur* Buenaventura – Pasto • IP – Calarcá – La Paila • 495 million Bogotá – Costa Atlántica • IP –Villeta – Guaduas* • IP – Ruta Caribe 2 • 524 million Bogotá – Medellín – Urabá • IP – Puerto Triunfo – Santuario • 815 million

Bogotá Cúcuta • IP – – Moniquirá – Barbosa • 145 million

IP of Airports • El Dorado Flightfield* • SAB Bogotá 2050* • Expansion of Cartagena Airport* • New Cartagena Airport* • Expansion of Southwestern Airports* • Expansion of SAI Airport • 203 million Buenaventura Port • IP – Dredging* (+ bahía interna and bahía externa)

*Documents or *Projects information described above

www.dlapipermb.com 66 5G “Segunda Ola”

Project CAPEX (USD) Santuario Caño Alegre 902 million

Ruta del Sol 1 378 million

Calarcá - La Paila 262 million**

Popayán – Pasto 131 million

Zipaquirá – Barbosa 931 million**

Barbosa – Bucaramanga 844 million

Ocaña – Cúcuta 495 million

Duitama – Pamplona 320 million

Sogamoso – Aguazul 495 million

San Roque – Cuestecitas 116 million

SAB Bogotá 2050* **

*Documents or *Projects information described above **Projects that have funding and/or an approved budget

www.dlapipermb.com 67 www.dlapipermb.com 68 Links Relevant information of the Sector

Entities • Departamento Nacional de Planeación • Ministerio de Transporte • Agencia Nacional de Infraestructura

Law and Policies • Plan Nacional de Desarrollo • Plan Maestro de Transporte Intermodal 2035 • Plan Maestro Fluvial • Plan Maestro Ferroviario • Planes Maestros Aeroportuarios

www.dlapipermb.com 69 Links Relevant information of the Sector CONPES

• 3961. Riesgo contractual en sistemas férreos de pasajeros • 3963. Política para modernización del sector transporte automotor de carga • 3982. Política nacional logística • 3990. Colombia potencia bioceánica sostenible 2030 • 3991. Política nacional de movilidad urbana y regional • 3996. Líneamientos de política para la aplicación e implementación de valorización para infraestructura • 4000. Riesgo contractual en proyectos aeroportuarios con participación privada • 4003. Declaración de importancia Metro Ligero de la 80 – Medellín • 4004. Economía circular en gestión de servicios de agua potable y manejo de aguas residuales • 4010. Declaración de importancia Programa Vías para Legalidad y Reactivación 2030 • 4017. Declaración de importancia SETP Ibagué • 4018. Declaración de importancia SITM Cali • 4019. Declaración de importancia proyecto de saneamiento de vertimientos en cuencas priorizadas del territorio nacional

www.dlapipermb.com 70