Privatizations And Infrastructure Projects In Colombia

The Agreement between the Nation and the capital city of Bogota for the construction of the massive underground transportation system (the Metro) was executed on February 12 of this year, with the previous authorization of Santafe de Bogota's Council. In order to assure both a successful bidding process and financial scheme, consultancy from investment bankers in association with both technical and legal experts will be sought. The official invitations to present these assessment proposals will occur this upcoming July.

After the experience of Medellín, which is the only city in Colombia with a fully operational Metro system, other cities such as Cali and Bogota began to consider and debate the structure of future projects related to the construction of Metro systems. The "Master Plan of Transportation for Santafe de Bogota", financed with resources offered by the Government of Japan, showed that some traffic corridors present a demand which is superior to the capacity that