5 Green Reasons Costa Rica Is the Poster Child of the Environment 6 years ago
Have You Tried Guanacaste’s Fastest Growing Sport? 6 years ago
Was Your Costa Rican Bank Account Closed? 6 years ago
Latin America Investment News on Viva Tropical

$1 Billion Metro Arrives in Quito in 2012

Article Summary:

Ecuador’s capital is set to see the construction of the first Metro line begin in the second half of this year and end in 2016. The work demands an investment of $400 million by the government and an additional $700 million from loans.

Photo Credit: Prensa-Latina

Original Article Text From Prensa-Latina via Google Translate :

Metro De Quito Will Begin Construction This Year

The construction of the first Metro line in Quito begin in the second half of this year and end in 2016 with 15 stations distributed along 23 kilometers, today reported a municipality authority of capital. The work demands an investment of 400 thousand billion, of which 700 million will provide the central government and the rest will be loans from the European Investment bank, Development Bank, and the Andean Development Corporation. As Edgar said Jacome, manager Metro Business Unit of Quito to the public agency Andes, the subway will take 34 minutes from the southern Quitumbe to Labrador, near the present airport, north of the city.

These are the two central terminals of the system in its first line, which they hope to receive about 400 000 people per day to the airport terminals extreme north and south of the capital city of over 40 kilometers long. Quito, a typical South American capital has over one million 600 thousand inhabitants and supports migration from the rest of the country, has a rapid growth in buildings and vehicle fleet collapses its tracks.

But also its topography set in a long Andean valley close to nearly three thousand feet makes it a particularly problematic for city mobility as only has a width ranging from seven to four miles at its narrowest part. circulate daily through the town about 450 thousand cars, two thousand 40 bus urban transport, 113 Trolley bus feeders, which is the backbone, 74 articulated buses on the western ecological, and 120 by the Eastern axis.

Each passenger, on average, uses three daily bus trips in the city and mobilize 2.2 million people every day. The heart of the city, the financial part is located in north central, convulsing, and move 20 miles can take over 40 minutes, explain the executors of this project to start drilling tunnels under main roads in the coming months. mgt / prl

Link to Original Article:

From Prensa-Latina

Latin America Investment News on Viva Tropical