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CAF to continue financing Panama's Metro system

Monday, June 16, 2014

The Development Bank of Latin America, CAF, said it will continue to finance the Panama Metro transport system expansion project.

The bank has already given $600 million of the $1.8 billion required for Line 1 of the system.

"CAF will continue to support the development of lines 2 and 3 of Panama's Metro, through a $1 million non-refundable financing that will go towards technical studies," the bank said.

Source (in Spanish): La Estrella