📋 Tender Overview
PROJECT ID: 15505
GUARANTEE HOLDER: BNP Paribas S.A.
and/or any of its subsidiaries or affiliates
Other lenders yet to be identified
INVESTOR COUNTRY: France
Other countries yet to be identified
ENVIRONMENTAL CATEGORYA
EARLY DISCLOSURE DATE: April 04, 2025
TARGET BOARD DECISION DATE: July 04, 2025
PROJECT TYPE: Non-SIP
FISCAL YEAR: 2026
Project description
This early disclosure covers an application by BNP Paribas S.A., and/or any of its subsidiaries or affiliates, and/or Other Lenders yet-to-be-identified (the Lenders), for their non-shareholder loans to Bogotá, Distrito Capital (Bogota), to finance its contributions to the Bogota Metro Line 1 project (the Project). The Lenders are seeking guarantees of up to COP 3,200 billion against the risk of Non-Honoring of Financial Obligations of a sub-sovereign entity for their loans of up to COP 1,700 billion (the Loans) for a period of up to 10 years and 6 months.
The Project involves the studies, designs, construction, operation and maintenance of a 24km elevated rail viaduct connecting the southwest of the District of Bogotá with the central business area of the city. It will also include the provision and installation of the necessary rails, rolling stock and electrical, control, telecommunications and fare collection system for the operation of the Metro Line 1 as well as additional elements ancillary to the main infrastructure.
Environmental Categorization
The Project is Category A under MIGA Policy on Environmental and Social Sustainability (2013).
Through this early disclosure, MIGA provides early access to the Project’s Environmental and Social Impact Assessment (ESIA) and other relevant E&S documents:
Environmental and Social Impact Assessment (ESIA)
Validation Report Second CCLIP-PLMB (Complementary Environmental and Social Impact Assessment) operation;
Environmental and Social Management Plan PMAS (Environmental and Social Management Plan);
Resettlement Plan.
