Colombia to improve capital city’s public transport system with IDB loan

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.

Source: IADB.org (link opens in a new window)

Categories
Entrepreneurship
Tags
IDB, infrastructure, lending