US$415 million Financing approved for Metro PPP Project in Colombia
9 November 2023
The Inter-American Development Bank (IDB) has approved a conditional credit line for investment projects of US$415 million aLine 2 Program of the metro system in Bogotá, Colombia.
The city's second metro line will be a heavy rail system, primarily running underground, covering a distance of 15.5 km with 11 stations. The main goal of the Credit Line and the initial project approved by the IDB Board of Directors is to enhance mobility in Bogota by promoting public transportation through improved services.
The electric train technology of Line 2 is anticipated to decrease greenhouse gas emissions by 800 tons annually, significantly reducing air pollution in the city. Additionally, the new line will improve accessibility for individuals with reduced mobility, enhance safety for women by implementing measures against gender-based violence, and increase overall passenger comfort. The first credit operation will support various construction works, including tunnel construction, station development, a work yard, and the reconfiguration, adaptation, and equipping of universally accessible urban public spaces and roads along the metro route. The operation also encompasses social and property management.
Related
-
Egypt signs contracts worth $740m for two chemical projects
12 April 2026
-
Bahrain approves $340m highway financing
11 April 2026
-
Croatia tenders 56 MW solar-storage project
9 April 2026
-
Saudi firm to develop $300m Syria Beaumont project
9 April 2026
-
Siemens Energy signs Syria power plant deals
7 April 2026
-
Concession agreement signed for Laos-Vietnam Railway project
7 April 2026


京公网安备
11010802030424号
京ICP备19046776号-2