Medellín Metro News 150
Thanks in part to relentless population shifts into the “oriente” region east of Medellin, Colombian short-haul airline EasyFly this month launches new service between Rionegro (Medellin’s international airport) and the cities of Pereira, Bucaramanga and Monteria.
Colombian construction giants Odinsa and Construcciones El Condor and Colombia’s infrastructure financial agency (Financiera de Desarrollo Nacional, FDN) jointly announced September 9 that financial close has finally been achieved for the “Pacifico 2” highway projects in Antioquia, part of the massive “fourth generation” (4G) highway projects.
The Antioquia departmental government’s investment agency (“IDEA”) announced August 15 the initial start-up of a 15-megawatt (MW) hydroelectric dam serving Alejandria, Concepcion and Santo Domingo – small municipalities roughly 50 kilometers to the east of Medellin.
Medellin-based banking giant Bancolombia announced August 1 that with the recent financial close of the “Autopista Conexion Norte” fourth-generation (4G) highway project, it has now taken the lead among Colombian banks in terms of the total number of “4G” projects financed.
The tenth annual “Medellin Como Vamos” (How are We Doing) study released June 24 shows that Medellin and its citizens continue to make progresss – but also suffer some shortfalls -- in key areas including business growth, education, environmental protection, public safety, mobility, health and poverty-reduction.
Medellin-based EPM – Colombia’s biggest power producer – on June 25 announced that it has now restored 100% of output at its 560-megawatt (MW) “Guatape” hydroelectric plant in Antioquia following a February 15 fire that had destroyed power cables.
The latest Manpower survey of employers in Colombia shows that Medellin companies plan to boost hiring by 14% during third quarter (3Q) 2016, second only to Bucaramanga (up 24%) for all of Colombia.
Cormagdalena – the Colombian government agency overseeing a proposed dredging project for the Magdalena River that would dramatically boost freight movements – announced June 12 that project developer Navelena SAS failed to meet a June 11 deadline to obtain financial close on the COP$2.5 trillion (US$877 million) project.
The June 2016 edition of Bitacora Economica (Economic Analysis) from Colombia’s national retail trade association (Fenalco) shows that Antioquia (Medellin’s department) has the best “corruption index” of all Colombia’s departments (states).
