Panama: Participants in Tender for Line 2 Can Offer FinancingThe tender documents for the construction of Line 2 of the Metro in Panama requests the companies to include project financing as an option.Wednesday, September 24, 2014
Once bids have been submitted by the companies concerned, the Panama Metro Secretariat and the Ministry of Finance will evaluate the proposed financing conditions in each offer, looking for "the best possible interest rate". Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Panama: Progress on Metro Line 3 ProjectAugust 2017 The evaluation committee has completed a review of the nine proposals submitted by the prequalified companies for the design and construction project for Metro Line 3. Debt Issue to Finance Metro Line 2July 2017 The Swiss bank UBS is preparing a $619 million issue to partially finance construction of Panama's Metro Line 2, managed by Odebrecht and FCC Construcción. Panama: Hitachi of Japan in Line 3 of MetroJune 2015 In exchange for "soft" financing conditions, the Japanese company would be in charge of the electromechanical works of Metro Line 3.
Funding for Metro Line 2September 2014 The Ministry of Finance has announced that the construction of Panama City's Metro Line 2 will be paid in tranches over a period of eight years from 2015 to 2022.
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