Panama Begins Metro Construction

"Consorcio Línea 1" began construction of what will be the first metro operating in Central America in 2014.

Monday, February 14, 2011

Works began at Plaza Cinco de Mayo, in downtown Panama City.

The Government expects to begin operations in 2014 and launch a tender for "a second subway line, of a total of four which are planned for future years, one of which will run above the canal,” noted Laprensagrafica.com.

More on this topic

Metro Line 3: The Future of Panama West

January 2016

A video released by the Metro Department shows details of the project which has the potential to enhance the development of an area that is already growing and whose population will have doubled by 2050.

The inclusion of the logo of the International Cooperation Agency (JICA) next to the Panama Metro Secretariat gives a certain confidence regarding the success of the realization of a work which is not only vital for the development of the area west of Panama City, but will confirm the direction of modernity that the country has turned towards since recovering the Canal in 2000.

Line Two of Panama Metro

July 2013

The work to be tendered next year will be 6.2 miles longer than the first line, having a total length of 22 kilometers.

The project cost is still unknown, however, it has been revealed that the original proposal by the Secretariat of the Panama Metro has undergone some modifications.

CAF Approves $ 400 Million for Panama Metro

March 2011

CAF approved funds for construction of Metro Line 1 in Panama City.

Enrique Garcia, CAF´s CEO, stated: "By supporting this project, CAF aims to significantly contribute to the improvement in the quality of life of Panamanians, especially those living in remote areas of the city center.

Contract to Build Panamanian Metro Signed

November 2010

The Panama Metro Department and Consorcio Línea 1 signed last Friday the contract for the construction of Metro Line 1.

The project will stretch 13.6 kilometers and will be built from Los Andes, San Miguelito district, to the Albrook bus terminal, so the president made a special request to Panamanians in order for them to have patience with the changes which will happen as a consequence of the Metro works.

 close (x)

Receive more news about Infrastructure and Construction

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


AES Panamá

AES Panama is the largest electricity generation company in Panama, in terms of installed capacity as well as delivered energy. AES Panama is a subsidiary of AES Corporation, with headquarters in Arlington, Virgina, United States, and holds the 49% of shares in the operations of this generating company. Since late 2007, AES Panama owns four hydroelectric plants with an installed capacity of 482 Megawatts: Bayano (260 MW), Estí (120 MW), La Estrella (47.2 MW), and Los Valles (54.8 MW). Our main clients are the three energy distribution companies in Panama: Elektra Noreste, S.A., Empresa de Distribución Eléctrica Metro-Oeste, S.A., and Empresa de Distribución Eléctrica Chiriquí, S.A., which represent the 95% of the company’s energy sales. The remaining 5% corresponds to energy sales to Great Costumers, which are businesses with monthly energy consumption greater than 100 kilowatts.
Operates in Panama
Phone: (507) 206-2652

Company Profile

Stock Indexes

(Aug 30)
Dow Jones
-0.07%
S&P 500
0.14%
Nasdaq
0.38%

Commodities

(Oct 24)
Brent Crude Oil
57.350
Coffee "C"
128.1
Gold
1,281
Silver
17.1