BNamericas spoke with the general manager of the financing and promotion agency for the city of Manizales about details of the project.
The state government will invest approximately US$9.50mn in the city of Toledo.
The company plans to pay existing debts, provide working capital, and finance future investments.
The only bid for the US$34mn project was presented by Consorcio Multimodal Pacífico Atlántico.
The only technical bid was presented by a consortium led by Besalco, which is the company that proposed the private initiative.
SGDC satellite was launched in May and is aimed to ensure safer sensitive military communications and to extend broadband internet services throughout the country. An auction for 57% of its capacity is planned for next month.
The lack of interest from private companies to carry out the works has forced the government to resort to using the army.