Odebrecht and FCC win Panama Metro contract Brazil’s civil engineering giant Construtora Norberto Odebrecht, in partnership with FCC Construcciones of Spain, was declared the winner of the bidding for the Línea 2 Panama City Metro contract, with a US$1.86bn proposal. The consortium led by the two companies defeated competition from PANAMetro (led by China Harbour Engineering) and UTE PANAMÁ II (led by Dragados of Spain and ICA of Mexico). The Línea 2 contract requires the winning consortium to build 22kms of passenger railway with 16 stations, linking Tocumen in the south of Panama City up to San Miguelito, where it…
Divorce is a personal and often bitter affair. But it gets a lot more difficult when the two people involved are business partners and co-owners of a major company. Welcome to the ongoing battle between Jorge Vergara and Angélica Fuentes, which is shaking up Mexico’s Omnilife and the Chivas de Guadalajara football team. The relationship between Jorge Vergara and Angélica Fuentes is over. They got married seven years ago with a spectacularly luxurious five-day wedding party in India. The bride and groom arrived on elephants. They were last seen together in February at another celebrity-studded party in Guadalajara, to celebrate…
Mexico’s automotive industry boom is well known – it has lifted the country to number one in Latin America by annual vehicle production, and to number seven in the world. Coming up close behind the Mexican auto sector is another potential success story – aerospace. While there isn’t yet a commercially produced Mexican aircraft (something which may change in the next few years) a proportion of the components of most of the world’s aircraft are already ‘Made in Mexico’. Things have come a long way for the country since the days of the low-wage maquiladora assembly plants. Some of the…
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