Korean consortium wins tender for $2.5 billion Metro Line 3

1,219Views 0Comments Posted 18/11/2019


The Korean HPH consortium won the tender for the construction of Line 3 of the Panama Metro, which will go from Albrook to Ciudad del Futuro in the district of Arraiján, province of Panamá Oeste.

The opening of envelopes was carried out in the afternoon of Monday, November 18

HPH came up with an offer of $2.507 billion, lower price than the consortium ACPC that bid r $2.518 billion. The reference price for the work was $ 2.396

HPH received the best score in the analysis of the proposals.

There is a period of three business days to see if there is any claim. If made, Public Procurement must resolve it within five business days.

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