Scope of investment projects
SOEs may only carry out economic activities, including investment projects, within the framework of the authorization granted by law to the State to participate in the market, that is, only within their line of business.
State-Owned Enterprises investment projects are subject to prior budgetary approval by the Budget Directorate of the Ministry of Finance and approval of their profitability (social or private) by the Ministry of Social Development and Family.
They can be financed with their own resources, with debt or with contributions from the State through capital increases or current transfers and in special cases with capital increases from the State.
SOEs can carry out their investment projects directly or through third parties, either through bids or concessions.