21 de August 2020
Infrastructure: a key tool to create 400,000 jobs in the capital city of Colombia
In the coming four years, more than 400,000 jobs will be created through the construction of more than 380 city projects in Bogota. These projects will be key to reactivate the city’s economy after the crisis generated by the pandemic.
Between 2020 and 2024, more than 380 public works will be developed with an investment of more than 8 billion dollars in Bogota. Due to this, 400,000 jobs will be created to contribute reactivating the economy of this city, whose GDP before the pandemic had a growth rate of 3.6%, a number considerably higher than the GDP of Latin America.
On December 2023, more than 320 projects are expected to be finished and more than 50 will be under construction. However, it is expected that most of the construction processes will be held in 2021, to achieve the economic reactivation after the decrease caused by Covid-19.
“If Bogota recovers, Colombia recovers,” claimed the mayor of Bogota, Claudia Lopez, remarking the importance of Bogota to the economy of the whole country, due to the city-region generates 35% of the GDP of Colombia.
Among the projects that will create more jobs, are:
- Canoas Wastewater Treatment Plant
Jobs: more than 53,700
A wastewater treatment plant that will treat 70% of the wastewaters of Bogota and will have the capacity to treat 16m3/s of water and 690 tons of biosolids a day. This is probably the most important water treatment project in Latin America.
- Ciudad de Cali Avenue
Jobs: more than 10,600
An avenue that will connect Bogota with the municipality of Soacha. It will have 4.5 miles of roads, 2.8 miles of bike paths, and more than 1,600 sq. ft. of sidewalks.
- ALO Sur
Jobs: more than 17,700
A private finance PPP initiative to build 14,5 miles of highway corridor that will open up access to southern Bogota, reducing estimated commuting times by 30 minutes.
- North Access
Jobs: more than 27,100
Enlargement of the North Highway to five lanes and enlargement of the 7th Avenue (Carrera Septima) with a second roadway with bike paths and sidewalks.