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FCC awarded contract to build Panama metro

28/10/2010

FCC awarded contract to build Panama metro

FCC has been awarded the contract to build line 1 of Panama City's metro, according to the announcement by Roberto Roy, head of the Panama Metro Secretariat. The decision was announced at an event attended by Ricardo Martinelli, President of the Republic of Panama.
FCC awarded contract to build Panama metro

Following economic and technical evaluation of the bids, FCC, in consortium with Brazilian construction company Odebrecht, with trainsets from Alstom, won the contract over the other consortium, comprised of Italian companies Impregilo, Ghella and Astaldi, with trainsets from AnsaldoBreda.

Both bids to design and build the metro were delivered on 30 August, and the technical proposal was reviewed by the 15-member Evaluation Committee.
The contract for Line 1 was awarded on 27 October to the consortium led by FCC, which valued the project at 1.446 billion dollars (more than 1 billion euro), which includes both civil engineering and rolling stock. Panama's metro will be 14 kilometres long and include 11 stations, some of which will be above ground.
The provisional schedule drafted by Panama authorities calls for construction work to begin in January, after the deadlines for appeals have passed.

This contract is a milestone in the history of FCC's railway infrastructure business. FCC currently has 41 kilometres of tunnels under construction; including tunnel work in recent years brings the total to 93 kilometres.

Business hub/platform for development

Today's contract will add to FCC's extensive track record in Panama, where the company has located the hub of its business development efforts in Central America.
A few months ago, the Panama Canal Authority awarded FCC Construction, in a joint venture with two Central American companies, the contract to build a new access channel from the Pacific to the Panama Canal as part of the project to build the third set of locks at Miraflores. That contract is worth 187 million euro and the construction period is 43 months.

The project calls for the construction of a 3.7-kilometre long 200-metre wide channel connecting to the Pacific locks and includes the excavation, transport and disposal of approximately 27 million cubic metres of mostly rock.

FCC Construction's other projects in Panama include the design, construction and environmental impact surveys of the freeways leading to the second bridge over the Panama Canal; various road upgrade, maintenance and widening projects; the installation of Mabey-style bridges in Cerro Viento on José Domingo Díaz Avenue; the Matías Hernández wastewater treatment plant; and the construction of a pipeline parallel to the east coast.

In March, Panama's Health Ministry awarded FCC Construction the contract to design, build, equip and finance the Luis "Chicho" Fábrega Hospital in Veraguas province, near its capital, Santiago, worth 92.7 million euro.

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