Infrastructure

President Duque: Crucial Medellin-to-Atlantic Highways, Tunnels, Puerto Antioquia Highest Priorities by 2022

Medellin Herald August 13, 2020

Colombia President Ivan Duque announced August 13 that the crucial “Mar 1” and “Mar 2” highways — including the Toyo Tunnel and Tunel de Occidente — as well as the proposed “Puerto Antioquia” freight port on the Caribbean are his highest priorities for accelerated advance or

General News

EPM Files US$1.44 Billion Claim Against Hidroituango Insurer Mapfre; Entire EPM Board Resigns in Protest for Being Ignored

Medellin Herald August 12, 2020

Medellin-based electric power giant EPM announced August 11 that it just filed a COP$5.383 trillion (US$1.44 billion) claim against Mapfre Insurance (Colombia) as part of parallel conciliation procedures that seek to resolve an estimated US$2.6 billion in losses resulting from a 2018 tunnel collapse at the Hidroituango hydroelectric project in Antioquia. The claim against

General News

Six Domestic ‘Pilot’ Flight Routes from Medellin’s JMC Airport Starting Soon

Medellin Herald August 12, 2020

Colombia’s Ministry of Transport announced August 12 that Medellin’s José María Córdova (JMC) international airport in suburban Rionegro will host six “pilot test” passenger routes — once airlines obtain takeoff/landing “slots” from the Aerocivil regulatory agency. “After being approved for the pilot plan by the Interior Ministry, the airlines must request from

Events

Medellin’s Annual ‘Colombiamoda’ Fashion Show Goes Virtual, Gets 220,000 Visitors

Medellin Herald August 5, 2020

Medellin-based national clothing and fashion-industry trade group Inexmoda announced August 5 that that the just-concluded, 31st annual “Colombiamoda” fashion show here – forced to go virtual because of the Covid-19 crisis – attracted 220,000 visitors through its www.colombiamoda.com internet platform. Aside from the thousands of Colombian designers, producers and

Health & Insurance.

Update: Antioquia Governor Now Free from Covid-19 Infection, Released from Hospital

Medellin Herald July 28, 2020

Antioquia Acting Governor Fernando Suarez announced August 4 via his Twitter account that he has now recovered from Covid-19 infection and released from hospital. Last week, the governor had suffered a “decrease in respiratory capacity as a result of the contagion with Covid and was preventively admitted to general hospitalization,” according to a press bulletin […]

General News

International Monetary Fund Hails ‘Medellín Miracle’ in Interview with Former Mayor Federico Gutierrez

Medellin Herald July 28, 2020

Former Medellin Mayor Federico Gutiérrez (2016-2019) once again is helping to move Medellin into the limelight via an interview published in the latest edition of the International Monetary Fund (IMF) Finance & Development monthly magazine. The former Mayor – now a national political commentator and seen as a likely pre-candidate for Colombia’s Presidential elections

Health & Insurance.

Low-Cost ‘InnspiraMED’ Ventilators to Debut in Patient Trials as Covid-19 Cases Mount

Medellin Herald July 12, 2020

The Medellin-based “InnspiraMED” consortium producing relatively low-cost ventilators for critical Covid-19 victims got a big boost July 11 when Colombia President Ivan Duque came to Medellin to see for himself these in-development technologies. According to “InnspiraMed” project coordinator Ruta N, “President Duque received information on the equipment delivery process

Health & Insurance.

Covid-19 Growth in Antioquia Prompts ‘Orange Alert,’ Cancellation of Non-Emergency Surgeries, Dentistry

Medellin Herald July 10, 2020

Acting Antioquia Governor Luis Fernando Suárez Vélez on July 9 issued an “orange alert” as growing Covid-19 cases have now grabbed 50% of intensive care unit (ICU) capacity in Antioquia. Following the alert, Antioquia Health Secretary Lina María Bustamante Sánchez ordered a department-wide restriction on non-emergency surgeries or dental work in order to ensure more […]

General News

EPM, Medellin Mayor Postpone Debate on Huge Business-Expansion Schemes; Hail Successful Bond Offering

Medellin Herald July 10, 2020

Medellin-based multinational utilities giant EPM announced July 10 that it supports Medellin Mayor Daniel Quintero’s new decision to postpone debate on a proposal that would vastly expand EPM’s areas of business. The proposal (see Medellin Herald July 3, 2020) would have EPM launch into whole new areas nationally and internationally, including highway and mass-transit

Infrastructure

‘Puerto Antioquia’ Ocean-Freight Project Gets US$110 Million Term Loan

Medellin Herald July 9, 2020

The long-awaited development of the “Puerto Antioquia” ocean-freight port near Turbo, Antioquia, just got a US$110 million term-loan investment from New York-based Global Infrastructure Partners (GIP). According to the GIP announcement – which project developer Andres Felipe Bustos of Medellin-based Puertos Inversiones y Obras (PioSAS) confirmed to Medellin Herald as