Boost investments for post conflict territories to reduce development gap in Colombia - FINDETER II
This is regarded as a pilot operation of European cooperation to support the peace process in Colombia, through a common initiative to boost investment in post-conflict municipalities. This pilot operation is the result of discussions with the Colombian Financial Corporation for the Territorial Development S.A - FINDETER and the experience accumulated through the first LAIF program with FINDETER. The operation consists of a credit facility to finance territorial development in post-conflict areas. This will be accomplished through the structuring of projects (technical assistance) and investments (investment grants) in priority areas which have been selected by the Colombian government through the local Development Programs with a Territorial Focus (PDET - Programas de Desarrollo con Enfoque Territorial).