US$255 million Credit signed for Metro line Development PPP project in Colombia
The Development Bank of Latin America and the Caribbean (CAF) and the Company Metro de Bogotá SA signed a US$255 million financing agreement for Bogotá Metro Line 2 development project in Colombia.
The line of credit, which has a term of 5 years and is renewable for up to 2 years, will be utilized to finance the concession contract for the construction and initiation of Bogotá Metro Line 2. This metro line will connect from Calle 72 in Chapinero to the Suba neighborhood.
Line 2 of the Metro, spanning 15.5 km with 14.3 km underground, features 11 stations, a workshop yard, and 25 trains capable of accommodating 1,800 passengers each. This project aims to enhance city mobility, promote public transport usage, and alleviate congestion in Chapinero, Barrios Unidos, Suba, and Engativá areas. This contract is expected to be awarded in the first half of 2024.
Country news
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July 13, 2023
Contract awarded for multimillion Railway corridor PPP project in Colombia
Colombia’s national infrastructure agency ANI has awarded the La Dorada - Chiriguaná railway rehabilitation concession to Consorcio San Felipe Férreo.
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June 27, 2023
Construction progresses for multibillion Road PPP projects in Colombia
National Infrastructure Agency (ANI) has announced construction progress for road public-private partnership (PPP) projects in Colombia.
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June 12, 2023
Agreement signed for USD2 billion road PPP Project in Colombia
The National Infrastructure Agency (ANI) and the concessionaire Nueva Vía al Mar (Covimar) have inked an agreement to start the construction, operation and maintenance phase of The Mulaló - Loboguerrero road in Valle del Cauca, Colombia.
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May 18, 2023
Public hearing held for USD80 million Port Project in Colombia
The National Infrastructure Agency (ANI) has advanced the public hearing for the development of a multipurpose and intermodal public service maritime terminal in the port area of Ciénaga (Magdalena), Colombia.
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April 19, 2023
Studies conducted for USD515.7 million Road PPP project in Colombia
The National Infrastructure Agency (ANI) has announced that additional geological and geotechnical studies of the Bogotá - Girardot road PPP-PI project (4G) are progressing on the hillsides in the Azafran sector, municipality of Sylvania.
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