Multilaterals will follow up on investigations into the Quito metro
Statement from CAF, World Bank, Inter-American Development Bank, European Investment Bank
This is an automated translation of the original press release issued in Spanish
Given the investigations of the Spanish Attorney General's Office in relation to an alleged payment of bribes for a consultancy contract for the Quito Metro, which was carried out in 2013, the European Investment Bank (EIB), the Inter-American Development Bank ( IDB), the World Bank (WB), and CAF - development bank of Latin America - will give a strict and permanent follow-up to the development and results of the investigations carried out by the corresponding judicial instances.
In all cases, the multilateral banks will comply with the internal policies and guidelines related to reporting any act of corruption in all our operations, so as to ensure the transparency of the processes that the Municipality of the Metropolitan District of Quito and the Company Metropolitan Public of the Quito Metro are executing for the start-up of the operation of the Quito Metro, for the benefit of citizens.
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News in: Infrastructure (Ecuador)
Ecuador O&G sector, infrastructure hit by natural disasters
An earthquake on Saturday affected oil production and amplified infrastructure damage caused by strong storms.
Korean firm KEC signs agreements for studies on 2 Ecuadoran highways
Preliminary estimates put the combined cost of the two roads at around US$1.8bn.
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Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.
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The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas' researchers. However, it may have been...
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OTECONSA is a company founded in 2005 and has professionals whose trajectory of more than 35 years in large projects has been our foundation. The quality of our services, our pr...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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