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[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 8 sources · 7 days · First seen · Last updated

San Miguelito cable car project in Panama

Overview

Doppelmayr Panamá Corp. has been awarded a contract to construct a 6.6-kilometer cable car system in San Miguelito, Panama. The project, valued at approximately $255.16 million, is intended to improve urban mobility by connecting six stations to Line 2 of the Panama Metro at the Cincuentenario station.

Following the initial award to Doppelmayr, Dominican firm Malespín Constructora has been appointed as the civil works contractor. Malespín Constructora will handle the execution of foundations, stations, and support towers, marking its first large-scale public infrastructure project outside the Dominican Republic.

Project officials estimate that once the order to proceed is issued, the execution phase will take 30 months. If contractual negotiations and approvals proceed as planned, the system is expected to begin operations in early 2029.

Entities

Metro de Panamá · San Miguelito · Doppelmayr · Antonio Dell’Ermo · Malespín Constructora

Timeline

  1. about 24 hours ago

    [BUSINESS] 5 sources
    Malespín Constructora to build San Miguelito cable car in Panama

    Dominican company Malespín Constructora will execute the civil works for Panama’s new San Miguelito urban cable car project, a major mobility initiative involving Doppelmayr.

  2. 7 days ago

    [BUSINESS] 3 sources
    Doppelmayr Panamá Corp. awarded San Miguelito cable car contract

    Doppelmayr Panamá Corp. has been awarded a $255 million contract to build the San Miguelito cable car, which is expected to begin operations in early 2029.

Sources

destinopanama.com.pa · deultimominuto.net · ensegundos.do · lan103fm.com · montecristinoticias.com · newsroompanama.com · ocoaenred.com · tvn-2.com