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Why Hamkke?

Hamkke (함께) is a Korean word than means "Together", it is the pillar of our company, because we believe in teamwork, we believe that different points of view mean complementarity, and reaching synergies will achieve the desired objectives. Our mission is to be the trustworthy advisor to your company, who can bridge the gaps of cultural differences to promote the best ways of doing business so as to make deals happen.

Mission

Provide reliable and high quality advice, accompanying our clients achieve their goals, and enhance their profitability, through the implementation of a strategic model based on an ethical approach, of commitment and sustainability. Our company works with an integral approach based on results, tailored to each client’s need.

Vision

Hamkke will be known as a leading specialize consulting firm of the Pacific Rim, successful in adding value to their clients. Our firm specializes in business strengthening to improve the ability of our customers to do business within this region.

OUR VALUES

Expertise

We provide our clients with knowledge and professionalism with international standards.

Results oriented

We are a results oriented company. We support our customers reaching their goals as agreed in a partnership.

Inclusion and diversity, the real teamwork

For Hamkke, different points of view is a profitable approach. We are a suitable, high performing team. We have implemented protocols where diversity and inclusion are the main topics in our environment.

Global Mind

We move in a world that converges stronger through technology and trade, providing access to a variety of opportunities worldwide. That is why; Hamkke believes that a Global mind is one of its strategies of value generation.

Ethics and Social Responsibility

We are convinced that maximizing profits does not mean sacrificing ethics and social responsibility in an organization. Instead these are the best tools for sustainable growth. In Hamkke we apply the highest ethical standards in all our making decision processes transforming them into corporate habits. We place our client needs ahead of ours, designing and performing the best roadmap that allows a significant advance of our clients in a sustainable way.

The light at the end of the tunnel for Colombia´s Infrastructure: Public Private Partnerships (PPPs)

Por: Miguel Carrillo Naranjo - Hamkke Consulting


According to the 2013 IDB infrastructure strategy, the fund needs in Latin America to bridge the infrastructure gap by year is around US$100 billion. But the big picture is, that between 2013 and 2030 USD$57 trillion in infrastructure investment will be globally required.

Most of the governments do not have an ample budget surplus to undertake all infrastructure needs in their countries, so here is where PPPs appears as a main tool to develop country´s infrastructure. The World Bank defines PPPs as “a way of contracting for developing and maintaining infrastructure services, using private sector innovation and skills to manage operations that often leverage private finance.

Colombia in the last decade have committed to start closing the infrastructure gap. A huge task where many of the infrastructure services are of poor quality, unreliable or just doesn’t exist. Because the country was isolated for many years given the internal problems, in the last decade was necessary to look up for more commercial partners, and the FTAs fever begun. But with a huge concern about the competitiveness of the country in infrastructure mainly in, roads, airports and ports that are not ready to add value to be competitive worldwide.

In 2012 Colombia launched a new law called “The PPP Law” (Ley 1508), which contains new tender procedures to make them more transparent and equitable. This law gives birth to the Fourth Generation (4G) roads project , the most visible and well structured PPP framework by now in the country, lead by ANI (National Infrastructure Agency). The PPP road initiative ANI has designed involves about 5,000 kilometres of roads, which needs about USD$5 billion funding.

The PPP Law is transversal. It means that it is not only focus on roads, it also applies to other social and productive infrastructure projects, starting from USD$1.5 million and a maximum term of 30 years.

The challenge for Colombia is huge, not only the funding needs for infrastructure projects, competing with the whole world for it. It also needs a sound and stable framework for doing business in the country, in order to attract foreign direct investments. Hence successful experiences and experts advise are main pillars for these projects.  For example the IFC (International Finance Corporation) concluded from the results of looking at 60 projects in 35 developing countries, that PPPs in order to be successful need to be designed based in three main ingredients:

  1. Economics:
    • Sound economic fundamentals.
    • Structure the right partnership that optimize cost, quality and service.
  2. Politics:
    • Secure political champions: someone(s) to articulate the projects.
    • Build stakeholder support: PPPs because of their size and nature typically involve a large array on interested stakeholders.
    • Assess and manage environmental and social impacts.
    • Foster stable regulatory environment.
  3. Execution:
    • Use a discipline approach because time and complexity are your enemies. It is often critical because of limited political windows and election cycles. The longer the project, less likely to succeed. So be sure to have strong project management.
    • Secure the right mix of local and global experts.
    • Support a transparent and competitive bidding process.
    • Plan for ongoing contract monitoring and review.

In Hamkke we strongly believe in win-win situations, and PPPs must be conceived with this approach. We can support public and private organisations in all the preparation, feasibility studies and strategy design for the entire project cycle as it is described as follows from both approaches, public and private:

PPPs Infographic

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