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The credit agreement funds infrastructure projects for Spanish-backed companies in Colombia, boosting foreign investment.

The project upgrades 205.5km of track, enhances infrastructure, adds advanced signaling, and ensures operation and freight transport services.

These efforts aim to help protect the Amazon's fragile ecosystems and biodiversity while contributing to Colombia’s broader sustainability goals.

The 153.2km project will connect Medellín with the Ruta del Sol highway and with the department of Santander and will also improve Bogotá's connection with the Caribbean ports.

As ratings agency Standard & Poor lowered Colombia's sovereign currency rating from investment grade into junk status, two government development banks and one commercial bank also took the hit. Findeter, FDN & Banco Davivienda al saw credit ratings drop out of investment grade,...

A bond issue was successfully completed last month in the amount of $131,350,000,000 Colombian pesos (Approximately $38.6 million USD) to finance the acquisition of the Transmilenio Phase I and II municipal bus fleet for the city of Bogotá’s 80th Street yard.  The transaction was...

Today the board of directors of Financiera de Desarrollo Nacional, Colombia’s national development finance entity that supports the financing of major public works projects announced that the agency’s president, Clemente del Valle Borráez (above photos) has stepped...

This is now the 14th project to receive funding within the 4G program and the first to close financing since President Iván Duque took office in August.

The dollar-based line of credit comes from the Central American Bank for Economic Integration (BCIE).

This adds to the original loan of nearly $125 million USD (350 billion pesos) that was approved in December 2017.