The United Kingdom will invest $3.5 billion in the Transcaribbean region

Cartagena Integrated Mass Transit System (SITM), Across the CaribbeanIt has faced deep economic crises in recent years. That's why the Prosperity Program United Kingdom in Colombiawill invest 3.5 billion pesos to restructure it, with the support of the National Development Finance Corporation, FDN, which will be the implementing partner.

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The British government seeks to help the capital of Bolivar obtain Sustainable transportation systemIt is comprehensive and adjustable according to user needs.

We must renegotiate Transcaribe's contracts so that it can operate under more equitable conditions and can support the regime. The Transcaribe region, its shortcomings and its long-term sustainability must be re-evaluatedsaid Mayor William Dow.

So far, Transcaribe has implemented 52% of the integrated transportation systembut he still has large debts.

These resources are very important because the Transcaribe region, like the country's integrated transportation systems, is not sustainable. It was poorly designed, and like other transport systems, a much higher passenger flow was expected. Bankruptcy was always on the vergeWilliam Dow said.

The goal, from now on, is to give sustainability to the system to strengthen it Environmental and social benefits. Timothy Hemmings, Head of the UK Mission, said: “We have a lot of experience in the UK in this regard, and providing public transport improves people’s quality of life and the environment, and connects previously separate communities.”

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According to the district, this infusion of resources will help avoid polluting emissions and energy transmission in this public service.

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The technical and financial support provided by the National Defense Force and the UK Prosperity Program in Colombia will focus on a comprehensive restructuring that includes, among other things, analysis of new sources of propulsion for the system, improved risk management, and operational and security design alternatives.“, said Ana María González, advisor to the Cartagena Office for International Cooperation.

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The mayor of Cartagena also acknowledged that restructuring the company was necessary. “Transcaribe was stillborn but we cannot let it die. A city of the importance, class and size of Cartagena, with a population of over 1,200,000, cannot be left without a legitimate transport system, or go to hell with unofficial transport.” William Dow.

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With information from EL TIEMPO*

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