Project Name: Bogota Subway Line 1 Project - Columbia
Host Country: Columbia
Project Duration: November 2019 – 2049.The franchise period of the project is 28 years and 3 months, including 7 years and 3 months of construction period (that includes financing, 6 months of piloting period, 20 years of operation period and 6 months handover period).
Project Specification:
Located in Bogota, the capital of Columbia, the Bogota Subway Line 1 franchise project is the first subway line in the city which the people of the capital have been looking forward to for realization in nearly 70 years, and it is the second subway line in the entire Columbia, of great significance for urban rail transit planning.
The project contract was awarded in November 2019, and the franchise company is mainly responsible for project investment, financing, design, construction, supply, commissioning, operation and maintenance. With a total length of 23.86km, the project includes the construction of 16 stations and the purchase of 30, 7-group train wagons and the entire line of the project is designed for viaduct U-shaped beams. The minimum design speed of the subway is 80km/h, the maximum speed is 100km/h, and the rated operating speed is 42km/h. The main works are divided into railway system and supporting works.
The total contract amount of the project is worth 5.016 billion U.S. dollars, wherein EPC is about 3.240 billion U.S. dollars, and the operation and maintenance is 1.776 billion U.S. dollars. At present, it is the largest franchise operation in the entire Latin America.
Characteristics and Significance of the Project:
The Bogota Subway Line 1 project is a high-profile livelihood project in Latin America, the largest public welfare infrastructure project in Colombia so far and the first project in Colombia to issue TPE bonds for financing. After its completion, it will connect the residential areas, commercial areas and political area of Bogota City, and can realize rapid transfer with the existing rapid bus system as well as connect with the future airport light rail. It will become the main line of public transportation in the capital Bogota and the main artery of passenger flow, and providing residents with a green travel mode with low energy consumption and less pollution.
This project has also been the largest investment project dominated by CHEC so far, realizing CHEC’s integration of the whole life cycle chain of industrial investment and operation in rail projects, perfectly integrating Chinese, international and local resources and bringing Chinese high-tech to the world.
CHEC will complete the construction, future operation and maintenance of the project in accordance with the high quality requirement, high standard and highly localization standards and as well as strive to build the world's leading subway service company.