Core Points - The Colombian government and the Cundinamarca provincial government have reached an agreement to jointly invest in a northern tram project with a total investment of 15.4 trillion pesos (approximately 4.1 billion USD) [1] - This tram line will be the second tram line developed in Colombia, following the western tram, and will be an important part of the Bogotá metropolitan area's rail transit system [1] - The national government will provide 80% of the funding, while Cundinamarca province will cover the remaining 20%, with funds allocated annually during the 2026-2040 budget cycle [1] - If construction delays exceed 20%, national funding will be temporarily suspended to ensure strict technical and financial discipline for the project [1] - The bidding process for the northern tram project will commence once funding is approved, with tender documents expected to be released in the first quarter of next year [1] - The project will be advanced through a Public-Private Partnership (PPP) model, with a concession period of 23 years [1] - Local media reports indicate that construction could begin as early as 2030, with operations expected to start in 2034 [1]