The objective of the project is to improve the transportation system of the Metropolitan Region of Bogotá in order to meet the needs of the growing demand by increasing the quality and supply of massive urban transport infrastructure. The latter will seek higher levels of mobility, connectivity, security and comfort, contributing to generate better living conditions of the population in the area of influence and the reduction of greenhouse gas emissions. The specific objectives, among others, are the increase of the number of passengers mobilized, a better access to work sources, the reduction of operating costs and the reduction of journey time for public transport users.
Project Detail
Country
Colombia
Project Number
CO-L1311
Approval Date
-
Project Status
Preparation
Project Type
Loan Operation
Sector
TRANSPORT
Subsector
PUBLIC TRANSPORT (BUS / TRAIN / CABLE). INFRASTRUCTURE AND EQUIPMENT
Lending Instrument
Préstamo de Inversión
Lending Instrument Code
INV
Modality
ESP (Specific Investment Operation)
Facility Type
-
Environmental and Social Impact Category (ESIC)
Category A: Likely to cause significant negative impacts, or have profound implications affecting natural resources
Total Cost
USD 530,000,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 530,000,000.00