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Most analysts are equating the underwhelming growth to low consumption following the recent tax hike that increased Colombia's VAT by 3%.

The 2016 total was more than half a billion dollars above the $5.2 billion USD reported in 2015 and puts the industry second in terms of foreign revenue generation after the oil sector.

Both will receive a cash prize and technical support to help implement their winning ideas.

“The difference between this and previous metros is that this one will actually be built,” said Bogotá Mayor Enrique Peñalosa.