Contract for Line 2 of the Panama Metro System
The contract of Metro Line 2 could become the most substantial “turnkey” project signed by the Government of Panama at a cost, estimated to be around $2 Billion.
In the specification of the tender, the Secretariat of the Panama Metro is asking companies to submit a financing option that will be evaluated between economic criteria to determine which will be awarded the work.
Once the winning proposal is unveiled, the Ministry of Finance will decide on the option of the contractor, or obtain resources by other means.
Deputy Economy Minister Ivan Zarak recalled the legacy commitments-this level of government will face $3.6 Billion in services contracted by Martinelli and said that "we can not put everything in the next four years."
The payments could be extended for eight years.
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