Bogota announces new infrastructure investment plan

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Bogota announces new infrastructure investment plan

The Government of Bogotá, Colombia, has announced a new infrastructure investment plan "Plan de Desarrollo de la Administración de Enrique Peñalosa"

The plan aims to transform Bogotá with new schools, hospitals, a subway, new lines of bus rapid transit system, and the development of other infrastructure public private partnerships (PPPs) projects.

The plan involves an investment of approximately COP96.1 billion (US$31.9 billion). The government aims to attract COP13.0 billion (US$4,31 billion) through the use of the PPP model to carry out the projects.

The plan also includes the upgrade of the city's road network and bike paths, the execution of 30 percent of the civil works of the first Metro line and the optimization of the integrated public transportation system. All these measures will improve the mobility of pedestrians, cyclists, and users of public and private transport.

Related to the educational and health sector, the plan includes the development of 30 new schools, which will create 35,000 new places in higher education and 12,000 in primary and secondary education, the construction of up to 40 centers of Priority Health Care, 6 hospitals and 4 urgency center, among others.

List of country news

Country news

  • June 02, 2016

    ACS corficolombiana close financing for Pacifico 1 toll road

    ACS and Episol have reached financial close for the Pacific Connection highway concession 1 in Colombia. Read more
  • May 31, 2016

    Shikun & Binui reports Financial Closing of road project in Colombia

    Through subordinate and senior debt facilities, the financial entities have agreed to provide about US$460 million to finance the project, which will be developed on a build, operation and transfer (BOT) basis. Read more
  • May 30, 2016

    McBains Cooper to advise the city of Medellin on PPPs

    The city of Medellin, Colombia, has awarded to McBains Cooper the contract to help improve the public-private partnership (PPP) skills of the local government. Read more
  • May 27, 2016

    Colombian private initiative awarded

    Colombia's National Infrastructure Agency (ANI) has awarded the Buga - Buenaventura road public private partnership (PPP) project under a private initiative (PI) scheme. Read more
  • May 19, 2016

    No bidders submit proposals for airport PPP in Colombia

    The Colombian National Infrastructure Agency (ANI) has announced that it has not received proposals for its airports concession tender process. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.