UPDATE 1-Colombia awards $4 billion contract for Bogota metro to China-Canada consortium

A $4 billion contract to build a metro in the Colombian capital was awarded to a consortium of China’s Harbour Engineering Company, Xi’an Metro Company and Canada’s Bombardier Inc, the government said on Thursday. Metro Director Andres Escobar said the consortium, known as Apca Transmimetro, will construct the project and operate it for 20 years. The group beat out the other international consortium that submitted bids, which consisted of Mexico’s Carso Infraestructura y Construccion and Promotora de Desarrollo de America Latina, Spain’s FCC Concesiones de Infraestructura and Ferrocarril Metropolita de Barcelona and France’s Alstom SA. …read more

Source:: Yahoo Finance

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.