Bogota is a city in constant change and transformation. Currently, there is a pipeline of more than 400 projects, which represents important changes for the city and great investment opportunities. Get to know these three ambitious projects that are being developed over the upcoming years in Bogota.
1. Canoas WWTP
This wastewater treatment plant will be one of the most important Latin-American treatment plants because of its size and impact on the city. It will be able to treat 70% of Bogota’s waste waters (a city with a population of more than seven million people) and 100% of the waste waters of Soacha (a municipality with a population of more than 520,000 people).
Its construction will cost USD 1.5 billion and will be developed under a 26-year concession contract, which includes its construction, maintenance, and operation.
In addition to contributing to the fulfillment of the Sustainable Development Goals regarding clean water and sanitation and sustainable cities and communities, this project will generate more than 3,000 direct jobs during its construction.
2. Second Line of Bogota’s Metro
Bogota is committed to the generation of sustainable mobility alternatives. One of the projects contributing to this goal is the Second Line of Bogota’s Metro.
This project will have an investment of USD 3.8 billion and a route of about 16 kilometers, of which 15.1 will be underground. The Metro will have 11 stations and will cross four city districts.
During its construction, from 2024 to 2031, the project will generate more than 5,000 direct jobs, and, once in service, it will benefit more than 2.5 million people.
3. North Regiotram
This project will connect the northern municipalities of Bogota’s Savannah. It will have a length of 48 kilometers, starting in the city of Zipaquirá and ending at the Great Station, in the heart of Bogota.
It will have an investment of USD 1.94 billion under a concession contract. Its construction will take place between 2023 and 2025.