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.
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.
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 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.
Metro Americas and Metrô Rio engineer Cristiano Mendonça, Head of Planning and Development, explore the process of rolling stock replacement; outlining the costs, benefits and…
Head of Planning and Development Cristian Mendonça provides a detailed overview of key upgrades and projects at Metrô Rio, ahead of the 2014 World Cup and…
Manuel Wu, CEO of Metro de Lima, explains Peru’s recent urban transport developments, future plans and the importance of establishing a ‘metro culture’ to boost…
