The Central American Bank for Economic Integration will execute a non-reimbursable Technical Cooperation to carry out studies to identify the feasibility of developing the railway network of Line 5 of the Panama Subway.

The non-reimbursable Technical Cooperation amounts to $630,000 and was recently approved by the Republic of Korea within the framework of the CABEI-Korea Sole Donor Trust Fund (KTF), according to an official statement.

The Central American Bank for Economic Integration (CABEI) statement explains that this donation will strengthen the institutional capacity of Empresa Metro de Panama S.A., the operator of the lines, and will allow the execution of activities of high importance such as the analysis of the market demand for Line 5, soil, hydrological, geological and geotechnical studies.

See “Tender for Railway Transportation in El Salvador”

Recommendations will also be issued on preliminary civil works designs, selection of rolling stock technologies, passenger capacity, and Line 5 operations and maintenance, among others.

The document released on April 12 states that “… it is expected that the execution of this cooperation and the development of this important project will benefit a total population of 1.9 million people, and promote greater and more equitable urban mobility with better access and lower costs, contributing to the economic transformation of the country.
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