Contract for the construction of the first line of Bogota’s Metro was officialy signed

Last week, during an event held in the presidential office, the local Government signed the contract that guarantees the construction of the First Line of Bogota´s Metro. This is the most important infrastructure project in the history of Bogota and the country, and was awarded after a plural and transparent process that included companies from more than 10 countries.
Beginning in 2020, the Apca Transmimetro Consortium, led by China Harbor Engineering Company Limited (Chec) and Xi’An Rail Transportation Group Company Limited, will begin the construction phase to offer Colombia’s capital city a Metro with the best designs and technical features.

Invest in Bogota, investment promotion agency of the city, accompanied many of the the companies that participated in the process, including China Harbor Engineering Company Limited (Chec), which integrated the consortium selected for the construction of the Metro.

The first line of Bogota’s Metro will trigger the city’s economy. With the rolling stock and rail systems the city will receive more than 1,100 million dollars in Foreign Direct Investment, in addition to more than 2,500 million dollars invested on civil works, and investments for almost 700 Million dollars executed by the Metro Company through the purchase of land, the transfer of electric lines and the contract to supervise the project

In addition to the economic and investment impact, the Metro is also an opportunity to improve the quality of life of millions of Bogota citizens. Sectors such as infrastructure, construction materials, manufacturing and technology will be directly impacted with this project, generating nearly 60,000 new Jobs. It will also be a milestone for the city in terms of urban renewal as a result of the transformation from the construction of the viaduct, stations and access buildings.

The Bogota Metro is a reality. This proves that the capital is moving forward, and reaffirms the confidence that international companies have in the city.