7 Companies Interested In Panamanian Metro

They are CIMA, “Línea 1”, SNC Lavalín International Inc, “Grupo Italiano Metro Panamá”, Panametro, “Metro de Panamá”, and “PTY Metro”.

Tuesday, March 2, 2010

These companies will go through a prequalification process, and on March 8th authorities will announce the names of those selected to participate in the public bidding process for building the Metro system.

The formal call for bids is planned for March 18, 2010, while the winning consortium will be announced on July 5.

According to the current schedule, the winning company must start building the first metro line, which runs from Los Andres in San Miguelito to Albrook terminal, on August 2, 2010, and finish it on December 2013.

More on this topic

FCC-Odebrecht to Build Panamanian Metro

October 2010

Line 1 Consortium was awarded construction of the first line of the Panama Metro.

The winning consortium's proposal was $ 1,446 million, higher than the one presented by Italian Group Metro Panama which was 1,401 million.

Prensa.com reports, "However, the proposed technical qualification by Line 1 Consortium, which was more important, received 578 points and his opponent 358 points."

Panama Publishes Bidding Rules for Metro

May 2010

When choosing the builder of the first line of Panama’s Metro transportation system, 65% of the points will be awarded on technical aspects, and 35% on a lower price basis.

The Metro Secretary informed that they will use the same procedure as with the Panama Canal expansion: technical proposals will be evaluated first, after which the economic bids will be announced.

Panamanian Metro Out to Tender on April 26

April 2010

Next Monday, the Metro Secretary will unveil the bidding rules for designing and building the first line of the Panamanian Metro.

Three prequalified consortiums will be invited to bid: CIMA, “Consorcio Línea Uno” and “Grupo Italiano Metro Panamá”.

For the time being, they will not include another consortium, “Consorcio Metro de Panama”, who filed a claim against the Metro Secretary decision of excluding them from the process. According to the report, this group was ruled out as it head company lacked a minimum $750 million of net capital.

Three Consortiums Qualify To Build Panamanian Metro

March 2010

Consortiums CIMA, “Línea Uno” and “Grupo Italiano Metro Panamá” complied with the requirements to bid for the Project.

These consortiums are composed as following:
CIMA:

ACCIONA INFRAESTRUCTURAS, S.A. (52%) - Spain
MITSUBISHI CORPORATION (12%) - Japan
MITSUBISHI HEAVY INDUSTRIES, LTD. (12%) - Japan

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