IDB invests in Ecuador metro line

09 December 2012

The Inter-American Development Bank (IDB) is to loan US$ 200 million for the construction of the First Line of the Quito Metro (PLMQ) in Ecuador.

The 23 km First Line will transport 360,000 passengers per day, an increase of +11% on current passenger figures, and is expected to shorten travel time across the city by 15 minutes.

The system will connect the ‘Y’ trolley line, the central BRT corridor and the Central Bank.

The PLMQ is scheduled for completion in 2016.

Latest News
Crane Institute of America appoints L.D. Stutes as GM
Stutes enters this newly created position with 37 years of experience.
Navigating new immigration policies in the construction industry
Joel Dandrea discusses what construction contractors need to know.
Link-Belt veteran William “Skeeter” Collins announces retirement
Collins, a cornerstone of Link-Belt Cranes’ sales team for over 50 years, will retire in February 2025