{"id":28085,"date":"2020-02-17T11:25:28","date_gmt":"2020-02-17T16:25:28","guid":{"rendered":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=28085"},"modified":"2020-02-17T11:25:28","modified_gmt":"2020-02-17T16:25:28","slug":"panama-city-metro-expansion-go-tunnel-canal-2-5-billion","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-city-metro-expansion-go-tunnel-canal-2-5-billion\/","title":{"rendered":"Panama City metro expansion to go through tunnel under canal – $2.5 Billion!"},"content":{"rendered":"

\"\"<\/a><\/p>\n

A new metro line for Panama City will run through a tunnel bored beneath the interoceanic canal to reach western suburbs, rather than passing over the canal alongside a planned new bridge as was originally anticipated as part of a broader $4 billion infrastructure project, authorities said Thursday.<\/p>\n

Agust\u00edn Arias, director of special projects for the capital\u2019s subway system, said officials opted for a single tunnel option, divided in half and 42 feet (13 meters) in diameter. It will be the first such tunnel underneath the canal.<\/p>\n

Work on the new Line 3 of the metro is expected to begin in the coming weeks pending approval from the General Comptroller\u2019s Office.<\/p>\n

Metro general director H\u00e9ctor Ortega said the viability of the tunnel had been under study for more than three months.<\/p>\n

Public Works Minister Rafael Sabonge said the decision to separate the projects \u2014 Line 3 and the fourth bridge traversing the canal \u2014 was made primarily to avoid delays to the subway expansion, something that is eagerly awaited by residents west of Panama City.<\/p>\n

Officials also considered technical factors such as compatibility between the bridge and the metro, and possible harm to third parties.<\/p>\n

\u201cIt is a done deal that the projects are going to be separated,\u201d Sabonge said.<\/p>\n

The bridge is under contract to a Chinese consortium and the metro line to a South Korean company.<\/p>\n

The subway expansion is estimated to cost about $2.5 billion, financed through a Japanese loan.<\/p>\n

Panama Canal administrator Ricaurte V\u00e1squez expressed concern last week that a metro tunnel could affect the waterway\u2019s own investment program.
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    A new metro line for Panama City will run through a tunnel bored beneath the interoceanic canal to<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[242,12,241,39,248,34,33,62,42,219,11,249,243,7,255,246,244,260],"class_list":["post-28085","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-boca-chica-real-estate","tag-boquete","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-panama-real-estate-bocas-del-toro","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama-rent-in-boquete"],"yoast_head":"\nPanama City metro expansion to go through 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