The area in the Pacific entrance to the Canal could be leased by the State for the construction and operation of logistics infrastructure such as warehouses, cold storage facilities, ship repairs and a port for vehicles.
The 1,200 hectares owned by the State and "discovered" after cleaning and dredging of the areas surrounding the Canal expansion are part of a development plan that the Ministry of Affairs of the Canal is preparing to start when the new locks come into operation. The initial proposal is to lease the land to private companies so that they can develop the area, providing logistics services, transportation and communications to related industries.
The Master Plan includes 90 stations to provide transport service for Panama City and its metropolitan area: San Miguelito, Arraiján and La Chorrera.
The director of the Panama Metro, Roberto Roy presented the master plan for the Metro which proposes a network of eight lines planned for 2040, which includes line 1 which is in operation and line 2, which is under construction.
It has been announced that studies are being carried out for the design and construction of a new station in Villa Zaita, 2 kilometers ahead of the current line´s last stop, at an estimated cost of $181 million.
The new station that the government plans to develop will be located in Villa Zaita, and will become the final station of Line 1. This station will extend the line that starts at Albrook by 2.2 km.
The consortium led by France's Alstom won the contract to supply the integrated system including 21 trains, substations and command systems for the trains.
Alstom, the leader of the consortium that won the tender, has been commissioned to provide the trains and launch Line 1. The contract for Line 2 of Metro de Panama states that the consortium will provide all trains, stations and operate the line.
In exchange for "soft" financing conditions, the Japanese company would be in charge of the electromechanical works of Metro Line 3.
Although negotiations between the two governments have not yet been finalised, the participation of a Japanese company in the execution of electromechanical works of the project is the condition for China to grant funding for the entire project.
The Secretary of the Metro announced that starting 2015 the trains and stations on Line 1 will have advertising spaces that will be offered through competitive tenders.
Following the example of Hong Kong and Singapore, the Secretariat of the Metro will make available advertising space in stations and on trains, from which it expects to receive $25.2 million and will use some of those funds to pay for fare subsidies.
Work on the 15.8 km metro line 1 is 94% complete, and it is projected to be operational in February 2014.
The system will be 15.8 kilometers long, with twelve stations and its current cost is $1.8 billion.
Elsiglo.com reports: "... the Secretary of the Metro, Roberto Roy, confirmed an addendum to build a station in the area of El Ingenio, in Betania, and extending 2.1 kilometers of elevated section from Station Los Andes to San Isidro, San Miguelito, is with the Comptroller pending approval. "
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