Bogotá Metro projects secure financing and advance bidding processes

The Bogotá Metro project has reached significant milestones regarding both Line 1 and Line 2. For Line 1, the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has issued a risk coverage of 2.8 trillion Colombian pesos (approximately 877 million USD). This coverage protects a 1.3 trillion peso (400 million USD) loan provided by BNP Paribas to the Capital District, covering both principal and interest against potential defaults. These funds will support the District's contribution to the Empresa Metro de Bogotá (EMB).

Simultaneously, the bidding process for Line 2 has progressed after three international consortia passed technical, legal, and financial pre-qualification evaluations. The groups, which include entities such as Mota-Engil and Spie Batignolles, are now eligible to proceed toward the public tender. The final contract for the design, construction, financing, operation, and maintenance of Line 2 is expected to be awarded in the first half of 2027, following approval from multilateral banks.