Congested Bogota secures $415 million IDB credit for second metro line


  • World
  • Thursday, 02 Nov 2023

FILE PHOTO: The logo of the Metro public transportation company is seen in Bogota, Colombia October 3, 2019. REUTERS/Luis Jaime Acosta/File Photo

BOGOTA (Reuters) - The board of directors of the Inter-American Development Bank (IDB) on Wednesday approved a $415 million credit line, with an initial disbursement of $50 million, to finance Bogota's second metro line, the Colombian capital's mayor said.

The underground Line 2 will connect to the city's west, said Mayor Claudia Lopez, who finishes her term this year after overseeing initial construction on Bogota's long-awaited first metro line.

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