MIGA guarantee backs $400 million loan for Bogotá’s first metro line
The World Bank Group said a MIGA guarantee covers a COP 1.3 trillion ($400 million) loan to help finance Bogotá’s first metro line, with MIGA and BNP Paribas supporting the project. The line is expected to create 115,000 jobs during construction and reduce annual CO₂ emissions by 171,000 tons, according to the referenced announcement.