On a 17-hectare site located in a sector near the City of the Future, Metro de Panama S.A. plans to build the yards and workshops that will be used to provide preventive and corrective maintenance to the components of this means of transportation.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Metro de Panamá S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Yards and workshops of Line 3 of the PanamaSubway".
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.
Héctor Ortega, director of Metro de Panamá, S.A., announced that on February 4 the resolution confirming the award to the HPH Joint Venture Consortium (integrated by Hyundai Engineering & Construction Co., Ltd.) of the Best Value Bid with Separate Evaluation for the construction and commissioning of Metro Line 3 was published.
April 2 is the new date set for the submission of proposals for the design and construction of Line 3 of the Panama Metro, which will reach Ciudad del Futuro in Arraijan.
However, because Metro de Panamá S.A. is publishing specifications and the companies have requested more time to adapt their proposals, it has been decided to postpone the delivery of the documentation for the second time.
Companies interested in competing for the concession of the cable car public transportation system in Panama must present their documentation on February 13 in the municipality of San Miguelito.
According to the schedule of activities detailed in the specifications, a visit to the project site will take place on January 15th and a validation meeting will take place on January 21st.
The government announced that in 2019 it will invest $578 million in the completion of Line 2 and in the construction of the branch that goes from the Technological University to Tocumen.
Although Line 2 must be operational in April 2019, Metro de Panamá announced that in January it will bring into operation five stations and 12 of the 20 wagons that the Line will have, in order to meet demand foreseen during World Youth Day.
The Varela administration's budget for next year includes $4.032 billion for the City of Health and new polyclinics, Metro Lines 2 and 3, and construction of road works, such as the Santiago-David highway.
The budget presented by the Ministry of Economy and Finance in Panama includes several items for public investment projects, which together amount to just over $4 billion, according to the institution's budget report.
August 31 is the new date to submit proposals to design and build the branch that will connect the future Higher Technical Institute of the East, with Tocumen International Airport.
Metro de Panamá has granted a second extension to the deadline for delivery of bids, so that the companies interested in the tender can present their proposals for the work, which consists of the construction of a stretch of two kilometers, which will have two stations.
A postponement has been made, to August 30, for the delivery of proposals for design and construction of the branch that will connect the future Higher Technical Institute of the East, with Tocumen international airport.
The initial date for the tender was July 25, according to the tender specification documents.See details of the contest here.
The Metro authorities are considering the possibility of extending Line 3 to Costa Verde, in the district of La Chorrera, instead of to Ciudad del Futuro, in Arraiján, as originally planned.
The executive secretary of the Panama Metro, Roberto Roy, told Prensa.com that the idea is to build an interchange at Costa Verde, province of La Chorrera.If the plan comes to fruition, Line 3 will go all the way to the province of La Chorrera and not just to Arraiján.
An environmental impact study was submitted last August for the expansion of the Metro's Line 2, which will be connected with the new southern terminal at Tocumen International Airport.
Data from the interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, indicates that Metro de Panamá S.A. submitted an Environmental Impact Study (EIA) in August to the Ministry of the Environment.
The Environmental Impact Study for the 2-kilometer extension of the Metro to Tocumen Airport's passenger terminal has been approved and the publication of the tender rules for the adjudication of the work with an estimated amount of $125 million was announced.
The director of Metro de Panama, Robert Roy, announced that at the end of November or the beginning of December, the tender documents will be published for the works on the extension of Line 2 up to the passenger terminal at Tocumen.
A feasibility study is being carried out for the extension of Line 2 into the financial zone and then extending it up to Paitilla, instead of ending it at Urracá Park, as originally planned.
Elcapitalfinanciero.com reports that "...According to Panama Metro's Planning and Development Director Ana Laura Morais, they are waiting for the results of the passenger demand and the feasibility study for the route, in order to decide if it would be better to develop Line 2 A towards the banking area or to maintain the original route going to Urracá Park."
The Swiss bank UBS is preparing a $619 million issue to partially financeconstruction of Panama's Metro Line 2, managed by Odebrecht and FCC Construcción.
As early as February it was reported that, after Citibank's departure,UBS and Inbursa had expressed their interestin taking on financing for the project."The issuance of notes will be done through Sparc EM, used by the Swiss bank to do these types of financing operations."
The construction of the Curundú station on Line 1 could be tendered after completion of construction of Line 2 and once the Line 3 process has been started.
Without specifying where the resources will come from, the head of Metro de Panamá S.A., Roberto Roy, explained that during the construction of the first line they allowed for space to build a new station, and that the tender will not be done before finishing construction of Line 2.
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