13:45 28 February 2026
Integrated Investment Plan and investor obligations necessary elements in large projects
An Integrated Investment Plan increasingly features in major projects, but it is the urban planning agreement that determines the investor’s obligations, costs, and financial risks. The agreement is essential to adopt an Integrated Investment Plan and defines mutual commitments between the municipality and investor. Negotiations begin after the council approves drafting the plan, yet regulations set no time limits or formal rules. A mandatory element is the complementary investment serving the municipality, such as infrastructure or public facilities linked to the main project.
However, agreements may also require land transfers, financing planning costs, or covering compensation claims. Because some costs remain uncertain, contracts should include clear calculation methods and liability caps to protect both parties.
