Japan To Finance the Metro in Panama

The government of Japan said that it is interested in providing financing for the mega project of a Panamanian subway train.

Wednesday, July 1, 2009

The special envoy of the emperor of Japan, Masatoshi Wakabayashi, expressed the interest of his government to finance the metro during a meeting with President Ricardo Martinelli. According to Prensa.com, Wakabayashi commented: “Japan has had a lot of experience with urban transportation projects. Not only is there the metro, but also other forms of urban transportation and it is important for us that the Panamanian government defines which way they want to go.”

In the beginning of June, the Corporacion Andina de Fomento (CAF) also announced that it would interested in financing the new government’s biggest project.

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Government Bid for the Metro in Panama

June 2009

During the first 100 days of Ricardo Martinelli’s administration, the bid for the construction of the Panamanian Metro will be called.

Jorge Morales Quijano, the general secretary designated by the Transit and Ground Transportation Authority, made reference to the countries that are interested in participating, among them are Canada, Germany, France, Spain, and Japan.

CAF Wants to Finance Panama Metro

June 2009

The Andean Development Corporation would be interested in financing the new government’s most important project.

The president of the Andean Development Corporation (CAF) during this month will meet with the incoming government.

Prensa published comments by Rúben Ramírez, representative of the agency: "CAF has already funded, as non-reimbursable technical cooperation, a series of studies on a Panamanian mass transport system and it is willing to continue working in that direction to finance the project.

Guatemala to get a metro system by 2012

July 2008

Guatemala's vice president, Rafael Espada, says one of the main transport reorganization projects in Guatemala City will be to construct a metro system in the capital.

He said that the project is part of an overall plan, but added that he hopes it can be carried out before the administration of President Álvaro Colom ends in 2012.

Saca says Taiwan shows interest in San Salvador subway

May 2008

President Antonio Saca of El Salvador said that the Taiwanese government could sponsor a study of the feasibility of a subway for San Salvador.

Saca is currently visiting Taiwan where he visited the operations center of the Taipei subway system.

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