Bogotá, September 7 (EFE). Colombia and the United Kingdom have reached an agreement worth 400,000 pounds (about 550,000 dollars) to promote the revitalization and consolidation of the country’s railway operation, official sources said on Tuesday.
The goal, detailed between the Ministry of Transport and the UK Embassy in a joint statement, is to develop the “State Railways Regulatory Framework”, for which they signed a Memorandum of Understanding establishing a “vision for future investment in the country”. The railway sector in Colombia”.
This will also take into account the UK’s “greening of the sector, through the use of renewable energy, innovation in locomotives and new fuels”.
“We are convinced of the importance of the railway sector to overall economic development, increasing competitiveness and achieving emissions reduction targets,” said Colin Martin Reynolds, UK Ambassador to Bogota.
“We are pleased to accompany Colombia in this process, share our experience in this sector, and through this MoU, we consolidate and continue to expand our cooperation in infrastructure,” he added.
On her part, the Director of the Department of National Planning, Alejandra Botero Barco, highlighted the collaborative work done by Colombia with the United Kingdom to revitalize the railway situation.
“The signing of this Memorandum of Understanding is necessary to ensure the reactivation and effective operation of the railway situation. Within its lines of work, the ‘Railroad Master Plan’ proposed to conduct a study that would review, update and define the normative framework for the technical regulation, operation and security of the system.”
Facing a challenge from Colombia to revitalize the use of the railway sector, the Minister of Transport, Angela Orozco, noted that the “Railroad Master Plan” contains guidelines and recommendations for project planning, financing scenarios and regulations.
“For us, the signing of this Memorandum of Understanding with the UK government is extremely important as it will allow us to start implementing the regulatory aspects and strengthening the professional capabilities of the Colombian railway sector,” the minister said. EFE
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