ETB's Failed Data Center Project Led by Saúl Kattan Costs Over $24 Billion
DATA AND AI INFRASTRUCTURE
The ETB's Data Center Alma project, initiated under Saúl Kattan's presidency in 2012, aimed to create a state-of-the-art data processing facility in Bogotá but has resulted in over $24 billion in total losses. The ETB approved a $7.944 billion contract in 2015 for the project, which was expected to meet Tier 3 certification standards.
However, construction faced delays due to a lack of necessary permits, and by early 2016, significant funds had been spent without any progress on the site. Investigations into Kattan's management have occurred, but he continued to serve in high-level government roles, including positions at Ecopetrol and Internexa.

Feb 23, 2026, 10:43 AM