This report sponsored by Siemens under a program initiated by the German Federal Ministry for Economic Cooperation and Development (BMZ) 
recommends “that about 4.2% of the national Gross Domestic Product (GDP), needs to be spent annually to develop Bogotá into a world-class transit-oriented metropolis”. The report has been implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, active in Colombia for almost 50 years, and Siemens, a German global corporation present in Colombia for nearly 60 years. And to see it for yourself, click here for the full report that has just been released. http://despacio.org/wp-content/uploads/2012/10/Bogota-21-english.pdf
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