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Urban renewal begins in Bogotá that will cost 2,335 million dollars

The CAN City project, which foresees the renovation of a central administrative area of ​​Bogotá that will cost seven billion pesos (about 2,335 million dollars), began today with the demolition of the old Ministry of Transport.

Bogotá, November 19 (EFE) .- The City CAN project, which provides for the renovation of a central administrative area of ​​Bogotá that will cost seven billion pesos (about 2,335 million dollars), began today with the demolition of the former Ministry of Transportation.

The project, which was qualified by President Juan Manuel Santos and Mayor Enrique Peñalosa as "very ambitious ", covers an area of ​​48 hectares and almost 1.5 million square meters of built space, double what the National Administrative Center (CAN) has in this moment.

This administrative center includes the headquarters of several ministries such as Transportation and Defense, as well as those of other state agencies such as the National Institute of Roads (Invias).

"The investment will be about seven billion pesos, which is more than the value of the sale of (the electric generator) Isagen, is a very large project that besides improving the city and the productivity of the Government, will generate thousands of jobs in Bogota, "Peñalosa told reporters.

The Bogotá mayor defined the project as" historic "and He commented that with his predecessor, Gustavo Petro, "he was blocked."

"We are in the geographic center of Bogotá and institutional center of Colombia (...). I am convinced that he will make the national government is more productive, this is good for the city is good for the national government, "said the mayor, who called Santos" the father of this project. "

For his President Santos commented that the result of the construction "is going to be the true center of Bogotá" and commented that the project conceives more than 2,600 homes and there will be 220,000 square meters of public space.

"Of course, it has commerce, services, hospital and cultural settings, everything a city should have, this project will have it. ambitious but we will achieve it and we will achieve it doing it well ", assured Santos.

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