Caribbean & Central America - June 2015 (ISSN 1741-4458)

On 2 June the state-owned Metro de Panama S.A., which is responsible for the Panama City Metro, announced that it had awarded the US$1.8bn contract for the second line of the metro to Consorcio Línea 2 (Brazil’s Constructora Norberto Odebrecht and Spain’s FCC Construcciones). The Odebrecht-FCC consortium, which also built the first metro line for about US$2bn, beat two other bidders - UTE Panama II (comprised of Spain’s Dragados SA, Mexico’s Ingenieros Civiles Asociados and Peru’s Graña y Montero) and Consorcio PANAMetro (China Harbour Engineering Company, China Railway First Group and Spain’s Corsan-Corviam Construction). The second metro line will span 21km, comprise 16 stations and is expected to be completed by December 2018.

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