In the presence of President of the Panama, Juan Carlos Varela, the representatives of Metro de Panamá signed a Memorandum of Understanding with Hitachi, Ansaldo STS, a group company of Hitachi, and Mitsubishi Corporation to provide a monorail system for Line 3 of Panama. The three companies will be responsible for the design, manufacture, supply, installation and operation of the Integrated Operation System (IOS) of monorail technology, which will be used for this means of massive transport of passengers.
The prime contractor for the project, including the civil works portions, will be selected by Metro de Panamá, and the subcontractor contract will be signed by the prime contractor and the companies.
Under the agreement, Hitachi will provide 28 six-car trains, while Ansaldo STS will deliver the signaling systems, telecommunication systems and power systems. Mitsubishi Corporation will be in charge of commercial affairs.
The value of the equipment and train acquisition id USD 839.6 million and, together with the construction of the civil works on Line 3 of the Metro. This transport system will have a monorail technology, composed of 6 wagons in each train. The total investment of the project is USD 2.2 billion and it is expected to be ready to operate in the year 2023.
The line will have a length of 26.7 km with 14 stations and will serve the commuters from Panama’s western suburbs. It will provide transport connection between the province of Panama West and the center of the capital.
The agreement forms part of the international cooperation contract with the Government of Japan and the Japan International Cooperation Agency (JICA), signed in January 2016 to introduce high quality Japanese technology into the transportation system of the Line 3 of the Metro. The Governments of Panama and Japan have worked jointly on the feasibility and pre-feasibility studies of this mega project and providing Technical Cooperation for the management of the project, which will impulse the generation of jobs and positively impact the lifestyle of residents of the west sector.
With the construction of Line 3 of the Panama Metro, it will be possible to mobilize more than 20 thousand people, in peak hours, from Albrook to Ciudad del Futuro in Arraiján in just 45 minutes.
To date, seven companies have been prequalified to participate in the public act for the construction of Line 3. At the end of September, it is planned to publish the bidding documents to select the main contractor of the project.