CAF Wants to Finance Panama Metro

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

Friday, June 5, 2009

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.



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Metro Plan in El Salvador

October 2010

The proposal to build a fast train to solve transportation problems is considered viable by different sectors.

Rodrigo Avila of the Arena party said they are preparing groundwork for bidding on the fast train project, which will require state and private investment.

Elsalvador.com reports, "According to Avila ...

Japan To Finance the Metro in Panama

July 2009

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

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.

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.

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.

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