the new metro route

Norberto Odebrecht and FCC Score Best in Bid To Build New Panama Metro System

Wednesday, October 27 2010 @ 02:28 PM EDT
Contributed by: Don Winner
Views: 49
The “Line One Consortium” composed of the Brazilian company Norberto Odebrecht, the company that built the coastal strip, and the Spanish company FCC, was revealed today as the company with the best score in public bidding to build the new Panama Metro transportation system, although they have not yet won the final contract. Their bid was to build the first line of the Panama Metro system for $1.446 billion dollars, and their presentation received a technical score of 578 points out of a possible 650, representing a total score of 65% in the bidding process. The contract includes the design and construction of Line 1 of the new Panama Metro subway system. This “Line One Consortium” is competing against the Italian Group Metro Panama. Line 1 will cover 13.7 kilometers from the district of Los Andes in the North of the city to the Albrook Bus Terminal in the South, and it will have 13 stations.
In other unrelated news, yesterday the Board of Directors of the Ground Transit and Transportation Authority (ATTT), through resolution Number 14-JD of 31 August 2010, established caps of $25,000 dollars for bus owners (for the standard “Red Devil” buses), $35,000 dollars for the buses that run on the Northern and Southern corridors, $75,000 dollars for the “Nevera” type buses, and $50,000 dollars for the “Coaster” type buses, as part of the compensation for the startup of the new Metro Bus system. (La Estrella)

Editor’s Comment: The trains of the Panama Metro system will run on elevated tracks out near Los Andes and along Transistmica. For part of the time the tracks will run at ground level, and then in the middle of the city the tracks will run underground in tunnels – like a true “subway” system. The new Panama Metro system will connect the Albrook Mall to the Los Andes shopping center in San Miguelito, and the route will run right through the heart of Panama City down the length of Vía España. And of course once the first line is completed, then there will be plans to extend and expand the system – and eventually people will be able to catch a train and to get where they want to go quickly and easily. Here’s a tip – real estate values for houses and apartments that are within easy walking distance to a Metro station will rise in value.

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