Banrural and the German Bank for Development and Investment have granted a loan to Servicios para Centrales S.A. to finish building the bus transfer terminal CentraNorte in Guatemala.
The Rural Development Bank (Banrural) and the German Bank for Development and Investment (DEG, by its German acronym), have agreed to pay $40 million to the company Servicios para Centrales S.A., to complete construction of the bus transfer terminal CentraNorte, reported Elperiodico.com.gt.
A group of Guatemalan businessmen led by Fernando Paiz, intend to use the idea of associating a passengers transfer center with a shopping center, something which has already been done in Panama.
"The business model of merging a transport terminal which provides sufficient human traffic with a large commercial center, and at the same time satisfies the purchasing needs of travelers who pass through it, or what can be seen today at Albrook Mall and the Great Panamanian Transport Terminal, will be copied in Guatemala," reports Laestrella.com.pa.
The Urban Equipment company of Panama, SA (EUPAN) will carry out the study, design, construction, supply and installation of "pay zones" for users of the Metro Bus transportation system
A press release from the Presidency of the Republic of Panama reads:
The Minister of the Presidency, Jimmy Papadimitriu reported that the Transit and Land Transport Authority (ATTT) has contracted, by a special procedure, the Urban Equipment company of Panama, SA (EUPAN) to handle the study, design, construction, supply and installation of "pay zones" for users of the new Metro Bus transport system in the districts of Panama and San Miguelito.
The Legislature has approved a loan to finance the implementation of the "San Salvador Metropolitan Area Transport Program."
These financial resources have been provided with the aim of improving public transportation and transit for passengers in the metropolitan area of San Salvador, with at its core, the implementation of a mass transit system of articulated buses in designated preferential lanes. This will offer the opportunity of sustainable mobility to every user, especially those of limited means, and will provide a safe and modern transportation system to strengthen the economic and social development of the area.
In a surprise move, the Ministry of Public Works yesterday canceled the tender for the concession to design, construct and provide supplies for the metro bus transit system stops.
After making the necessary consultations the government has discovered the existence of an existing concession contract which partially covers the subject of the tender by the Ministry (MOP). The contract was signed by the municipal administration in 2001 and the company Equipamiento Urbano de Panamá S.A. (EUPAN). The government deems it more appropriate to recognize the validity of this contract and has restated its position in relation to the government project.
The Ministry of Public Works Public will tender the right to supply, install, maintain, preserve, develop, manage, use, usufruct, repair, replace, improve, build and operate 500 bus stops with the following characteristics:
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