Tender launched for Bogotá Metro Line 2 PPP project in Colombia

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Empresa Metro de Bogotá (EMB) has launched a tender for Bogotá Metro Line 2 public-private partnership (PPP) project in Colombia.

The company selection process consists of two stages. The first stage is the opening of the prequalification process for bidders, and the second stage is the opening of the international public auction. The new line will be 15.8 km in length and have 11 stations, benefiting 2 million users. It will consist of a 13.5-km underground section with tunnel diameters of 7 m, a 1.9-km ground-level section and an 0.4-km elevated section. The project is part of a plan to equip Bogotá with a modern public transport system consisting of 5 metro lines, 7 cable cars and 2 tram systems.   

About 70% of the cost of the US$3.6 billion project is covered by the Colombian government. The rest of the cost will be covered by the European Investment Bank, the World Bank, the Inter-American Development Bank and Latin American development bank CAF. The client will be advised by Garrigues Colombia, Brigard & Urrutia Abogados, KPMG, BONUS Investment Banking, Systra and Ingetec Ingeniería y Diseños. 

Selected bidders will apply between September 29 and February 14. The project will be awarded in March 1, 2024. The last day to submit the response is June 28, 2023.



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