Objective
Develop the feasibility phase and structure the financing of the project for the construction and operation of the Buenaventura–Palmira rail corridor, ensuring its technical, legal, financial, and operational viability, as well as annual transport demand of between 0.5 and 1 million tons of cargo.
Key Goals
- Complete the contracting of the feasibility phase.
- Complete 100% of the technical, legal, financial, and risk feasibility studies.
- Reach annual freight volumes of between 0.5 and 1 million tons during the first phase of operation.
- Achieve financial close for an estimated investment of COP $22 trillion.
Market Opportunity
The project responds to the logistics infrastructure deficit between the Port of Buenaventura and the country's interior. It is aligned with the National Rail Master Plan and the Multi-Year Investment Plan, strengthening national competitiveness through a more efficient and sustainable transport system. Projected demand points to a market with strong growth potential for rail freight transport.
ESG Considerations
Environmental: Reduction of carbon emissions by shifting freight from road to rail transport.
Social:
- Job creation during construction and operation.
- Lower logistics costs and improved quality of life for communities.
Governance:
- Regulation and oversight by public entities.
- Transparency and application of the State's risk-management methodologies.