(Panama Digest) Panama and Colombia will invest $420 to build a 381.5-mile power line between the two countries.
Colombia’s Minister of Mining and Energy Carlos Rodado said that each of the countries will contribute half of the money for the project.
The line will carry a capacity of 14,000 mega volts from Cordoba, Colombia along the Caribbean coast to Panama. It will also be able to carry electricity to other Central American countries, Rodado confirmed.
The project was approved on the condition that it does not endanger the rich biodiversity of regions like the Darien Gap on the border of Panama and Colombia.
Like so many other mega-projects in Panama, it is scheduled for completion in 2014.