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Koreans win Metro mega-tender in Panamá

Wednesday, February 5, 2020


Hyundai Engineering & Construction said that its consortium has clinched a $2.8 billion deal to build a metro line in Panama.

The consortium will build a 25-kilometer-long metro line with 14 stations that will run from Panama City to the capital's west. Hyundai said it has a 51 percent stake in the project while Posco Engineering, also has stakes in the project, Yonhap reports.