Invest in Bogota lends its support to the most innovative sports and cultural project in Latin America

"With this private initiative, Bogota will become the epicenter of the most innovative project in Latin America, bolstered by a significant investment of USD 791 million, which will attract domestic and foreign visitors. The city will also be able to host world-class sports and entertainment events, setting international standards in infrastructure, innovation, and quality," said Isabella Muñoz, Executive Director of Invest in Bogota, a corporation for the development and productivity of the Bogota region.

Currently, the primary objective of SENCIA, the consortium responsible for the city's strategic megaproject, is to find financial partners to develop the project, and key companies for each phase of the project. Muñoz explained that "Invest in Bogota is supporting this effort by attracting potential foreign investors, including funding for infrastructure, real estate, sports and culture, from various regions around the world, including North America, Asia and Europe, an effort that is being supported by the Corporation."

Colombia is emerging an attractive destination for infrastructure investment owing to the soundness of its legal and technical regulations, its institutional strength, and high levels of profitability. The Colombian Public-Private Partnership model has been acknowledged by the World Bank, enabling for the diversification of the project portfolio in areas such as airport, port, social and hospital infrastructure, among others.

www.investinbogota.org

Contact: [email protected]

View original content:https://www.prnewswire.co.uk/news-releases/invest-in-bogota-lends-its-support-to-the-most-innovative-sports-and-cultural-project-in-latin-america-302130059.html