The Linea Uno consortium, formed by Brazilian construction company Odebrecht and the Spanish Fomento de Construcciones y Contratas, will develop Panama’s Metro system.
Although its nearly $1.447 million bid surpassed the $ 1.401 million offered by its competitor, Grupo Italiano Metro de Panama, the evaluation commission gave the Brazilian-Spanish consortium a better technical score. Both proposals were below the Secretariat of the Metro’s $1.589 reference price.
The project is scheduled to start in January 2011 and end in December 2013.
Panama’s first metro line will be approximately nine miles long and allow passengers to travel from Los Andes to San Miguelito to Albrook in about 23 minutes. There are also plans for two more lines.