City of Guatemala award $25 million contractAlternet Systems, Inc. announces $25 million contract with the Municipality of the City of Guatemala to provide mass transportation technology services.Tuesday, December 2, 2008
Alternet Systems, Inc. today announced that Transtech de Guatemala, S.A., a regional subsidiary of the Company's joint venture with Tianjin IC Card Public Network Systems Co. LTD (TCPS), has signed a $25 million contract with the Municipality of the City of Guatemala for the operation and management of a bus prepaid fare collection system, user information systems, fleet management systems and security systems for the municipality's transportation company Transmetro, Inc. The population that will be served by these systems is estimated at more than 2.5 million passengers per day and more than 630 million trips per year. The initial duration of the contract is for 10 years and it is renewable for another 10 years, exclusively. Source: MarketWatch.com ¿Busca soluciones de inteligencia comercial para su empresa?Line 3: Award Confirmed in PanamaFebruary 2020 The award of the contract to the HPH Joint Venture Consortium became final, after several claims submitted in the tender process for the design and construction of Metro Line 3 were resolved. Free Way for PPP LawSeptember 2019 In Panama, in the third debate, the bill creating the Public-Private Association regime was approved, which in its latest version set limitations on companies accused of acts of corruption. Who Wants to Run La Aurora Airport?July 2018 A search has begun for investors interested in participating in the tender to award the operation of La Aurora International Airport in concession, for a term of 15 to 20 years. Port Corpus Christi and Tianjin Port (Group) Signed A Memorandum of Understanding (MOU)October 2011 “Agreement Aimed to Generate New Business through both Ports”
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