Other major undertakings include the RegioTram, a light rail connecting Bogotá and several regional towns, awarded to the Civil Engineering Construction Corporation and the Buriticá gold mine, which Zijin Mining purchased from the Canadian firm Continental in 2020. It’s a project that President Petro is eager to build underground, despite its approved plans featuring a solely overground design. Among the most ambitious is the first metro line in Bogotá, a contract awarded to China Harbour Engineering Company and Xi’an Rail Transit Group.
“It also relates to the way in which institutions with a control and oversight role will be challenged by issues arising from Chinese infrastructure companies, as has already been the case both in Latin America and elsewhere around the world.”Ĭolombia Risk Analysis’ report looks at 90 completed, ongoing, failed, pending and potential Chinese projects in Colombia. “This is not simply about the current trade imbalance between the two countries, or the lack of a clear, coherent, and sustained foreign policy approach from Colombia,” says the report, which was published on Wednesday. That’s the verdict of the risk consultancy Colombia Risk Analysis, in a new report on local perceptions about Chinese investment in the country. However, be it from an economic, political or geostrategic perspective, the Colombian government of Gustavo Petro is unprepared for a deepening of ties with China, the globe’s growing superpower. And the figures bear this out: between 20, it trebled.
Alcaldía de Bogotáįrom the perennially delayed construction of Bogotá's first metro line, to an oil company that has suspended operations after attacks by locals at its site in Caquetá, Chinese investment in Colombia seems to be everywhere.
Render images of Bogota's future metro system.
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