Bogotá assured the full financing of the metro until 2026 by approving two international loans for $1,060 million.
As confirmed by Mayor Carlos Fernando Galán from the World Bank Headquarters in Washington DC, USA, as seen in the latest video he posted on his X account: This financial support comes from the World Bank and the Inter-American Development Bank (IDB) and will enable the project to reach nearly 90% progress next year.
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The news was officially announced by the local president, who confirmed the impact on the transformation of mobility in the Colombian capital, a demand that has remained unmet for more than eight decades.
The operation includes funding from the European Investment Bank, a body that complements the participation of the World Bank and the IDB.
Mayor Galán emphasized in an institutional statement that “with these funds, in addition to those of the European Investment Bank, we have guaranteed the financing of the metro for the next year”.
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