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PRESS RELEASE 28 Jan 2010

Pöyry awarded metro project in Panama

PÖYRY PLC          Press release 28 January 2010 at 10.20 a.m.

 

Pöyry has been awarded the technical support contract for construction of the first metro line in Panama. The scope of services includes planning, technical feasibility and cost estimation of the project. The value of Pöyry's services is EUR 1.1 million.

 

The project was initiated by the Panama Government, whose primary goal is construction of a secure, efficient and comfortable public transportation system. The recently founded department "Secretaría del Metro de Panamá" will be responsible for planning, building and operating the Panama Metro. The project is financed by the Inter-American Development Bank (BID) and Cooperation Andina de Fomento (CAF).

 

The project will be carried out in cooperation with Geoconsult S.A. and C&M Asociados, S.C. Pöyry's services cover planning of the project, analysis of the actual demand data, conceptual design of the first metro line, technical specifications for bid requests and support to the client during selection of the contractor. The services period is estimated to be nine months.

 

Pöyry has long experience in carrying out demanding urban mass transportation projects worldwide, including underground and above-ground metros, bus rapid transit systems and light trains.

 

PÖYRY PLC

 

Additional information by:

Javier Rodríguez, President, Business Unit Latin America and Spain, Urban & Mobility Business Group, Spain

Tel. +34 649 454 233

Andy Goodwin, Executive Vice President, Urban & Mobility Business Group, Switzerland

Tel. +41 44 355 5555

 

Pöyry is a global expert in consulting and engineering. We offer our clients in-depth industry expertise, innovative solutions and lifecycle engagement. Our knowledge extends across hydropower, oil and gas, power and heat, renewable energy, pulp and paper industry, chemical process industry, transportation, water and environment, and construction services. We have about 7000 experts in 49 countries.

 

DISTRIBUTION:

Major media

www.poyry.com