* After
winning the tender for the development of Line 3 of the Panama City metro with a bid of US$2.51bn in November 2019, South Korean consortium HPH Joint Venture has now overcome legal challenges from competitors China Railway Group and Consortium ACPC, to secure the contract. On 4 February,
Héctor Ortega, the director of Metro de Panamá, the state-owned company that manages the metro system, announced the adjudication and informed the press that the project will generate 3,500 direct jobs and another 1,000 indirect jobs. “
The new line will have the capacity to transport 180,000 people per day and 20,000 in peak hours,” he added.
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