An international consortium has won the $1.45-billion contract to construct the first metro train line for Panama City, Panama. The Consorio L�nea Uno consists of Spain’s Fomento de Construcciones y Contratas (FCC), Brazil’s Odebrecht and France’s Alstom , which will supply the trains for the project. Work is scheduled to start in January. When completed in 2013, the Metro Line 1 will cover a 14-kilometer north-south route across the Panamanian capital, with a 7-km underground stretch. The trains will be powered by a third-rail source using direct current at 750 volts. According to the Panama City Metro Secretariat, the finished
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.