NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Friday, October 4, 2013

Press Release: Colombia will improve its public transportation system in Bogota with a $40 million loan approved by the Inter-American Development Bank (IDB), making its hallmark bus system better as well as cleaner.

With 7.6 million inhabitants and approximately 16 percent of Colombia’s population, Bogota faces the challenge of providing efficient transportation to support its economic potential, boost its competitiveness and improve the quality of life of its inhabitants.