
This June in Medellin, Colombia, over 150 directors from all of Latin America’s major urban and rail projects will meet to identify the strategies, financing options and technology required to deliver major new projects.
The event will include roundtable discussions, networking lunches, technology exhibitions, site visits and technical presentations delivered by senior industry leaders.

Fitch Ratings otorgó la calificación AAA a la Empresa Metro de Bogotá, certificando así que puede cumplir con una deuda de hasta $10,85 billones. El gerente del proyecto, Andrés Escobar, aseguró que mientras se abre la licitación avanzarán en obras menores.

Seventy years in the making, the scheduled construction of Bogota’s first metro line has been delayed yet again in the face of financial woes. The $3.3 million set aside for the project are now frozen in the bank, just as the country is experiencing an economic deceleration which will lead to budget cutbacks in 2016. To add more difficulty, the recent hike in the dollar has further increased the project’s expenses.

According to Bogota Mayor Gustavo Petro, financing strategy for the cities 30% contribution to the project has been approved by the state government, and completion of Conpes documentation is the only remaining hurdle before the construction tender can open for the first line of the capital’s metro . The 4.14 billion peso contribution will be largely raised from profits of publicly owned companies and borrowing.

In the first in a series of interviews with the leaders of Latin Americas most important transport projects, we sat down with the General Manager of the Medellin Metro to discuss new metro, tram, metrocable and monorail projects, technology upgrades, supporting the Bogota Metro and TransCaribe and the role the metro has played in Medellin’s development.

Ya llegó a los patios del metro de la ciudad de Medellín, el vehículo que servirá para realizar el montaje y mantenimiento del sistema de catenaria del tranvía de Ayacucho. El montaje de la catenaria lo realizará personal ciento por ciento metro gracias a la experiencia obtenida en los años de operación del sistema metro, un trabajo para el cual antes la empresa tenía que recurrir a expertos internacionales.

Next week, the Metro de Medellin company will sign a contract with the Fiduciaria Agraria, representatives of the Financiera de Desarrollo Nacional, for the structuring of operational costs of the new Bogota Metro project and the companies hopes that they will one day operate the capitals metro network. The contract granted is worth 232 million and the hope is that Metro de Medellin will be able to identify strategies to reduce the operating costs to minimise the tax burden of the project.

The District Administration of Bogota confirmed on Friday that the process to construct the capital’s first metro line is progressing on schedule, and that in April they begin work on purchasing the land necessary for the 27 station project ahead of the proposed June 2015 project tender.

The proposed September launch of the initial tenders for the Metro de Bogota project has been delayed, as engineering studies reveal that construction along the proposed route would result in the collapse of 13 buildings on carreras 11 and 13.