(prensa.com) Beginning yesterday, April 4, a temporary increase of up to 21 percent took effect for taxicab fares in the countryside of Panama. This, after the general director of national transportation authority ATTT, Jorge Ricardo Fábrega, signed a resolution authorizing such action, and the resolution was subsequently published in the Official Gazette. The … [Read more...]
Repairs to the Centenario Bridge: $33 Million
(Panama Digest) It will cost $33 million to repair the access ramp to the Centenario Bridge, damaged as a result of last December’s heavy rains. Work includes stabilizing the access ramp and building a 577-foot bridge. The project is 38 percent advanced and is expected for delivery some time between August and September of this year. If the math is correct, the price … [Read more...]
The first Panama Metro line will cost $ 1.8 billion
(prensa.com) The first Metro line will cost the state approximately $ 1.800 billion, reflecting an increase of $ 348 million on the price that officially drove up yesterday. Robert Roy, executive secretary of the Metro, and Frank De Lima, Deputy Economy Minister confirmed that the project cost will vary for different reasons: we study an extension of the line from the Andes … [Read more...]
Cinta Costera extension benefiting local business and culture
(Newsroom Panama) The $52 million extension of Panama’s Coastal Strip (The Cinta Costera) due for completion in April, is already having a positive impact on the area say local businesses. This extension, starting at the seafood market, includes a new road, a vendor plaza, landscaping, a pedestrian pathway, underground parking, and a 1,650 square meter cultural plaza, … [Read more...]
Traffic predicted as work starts on tunnel for Panama’s Metro subway
(Newsroom Panama) Work starts next month on the tunnel for Panama’s Metro subway, designed to met established seismic standards. The information comes from Metro secretary Roberto Roy who appeared before the National Assembly Committee on Infrastructure and Canal Affairs on Tuesday (March 15). He said that the tunnel will have six stations, Fernández de Córdoba, Vía … [Read more...]