CHEC to embark on Bogota Metro project in 2020
State-owned China Harbor Engineering Co, a unit of China Communications Construction Co, will start to build the Bogota Metro Line 1 project - the largest single project in Colombia - in April 2020, with its domestic and Canadian partners, said its top executive on Monday.
The news came as the Colombian government announced last week that the consortium formed by CHEC, China Railway Rolling Stock Corp, Xi'an Metro and Bombardier Inc won the bid for the Bogota Metro Line 1 franchise project in Colombia with a contract value worth $5.02 billion.
Lin Yichong, chairman of the Beijing-headquartered group, said this investment project is the largest contract in capital volume dominated by CHEC, and also the first breakthrough of the Beijing-based group in the integrated services of the whole life cycle of the rail transit sector.
