Go-Ahead for Odebrecht in Panama


News from Panama / Thursday, July 30th, 2015

metro-panama-station

In granting approval of the funding proposal put forward by the consortium Odebrecht / FCC for Metro Line 2, the Panamanian government has cleared any doubts about the participation of the Brazilian company.

The Minister of Economy and Finance, Dulcidio De La Guardia, told Prensa.com that “… “We have been in talks with banks related to the project and the information we have, which is unofficial, is that the consortium has a valid financial bid and (the banks) have confirmed with us their intention to continue with the project.'”

“… The Government of Panama considers, therefore, that “for now” there is no financial risk and that the legal situation of Odebrecht in Brazil and the arrest of its president, Marcelo Odebrecht, last June does not affect the evolution of the works, said De The Guardia. ”