Seven in the frame for Panama mega-tender

All seven of the companies prequalified for the tender for the design and construction of Line 4 of the Panama Metro met to clear up any doubts that they might have on the terms and conditions.

The companies that have met the strict standards of the tender include China Railway Group Limited and China Harbour Engineering Company, along with Acciona, FCC and OHL of Spain, and Italy's Astaldi.

Bids are to be presented on January 25. Panama's govern meant signed a 2016 agreement on f$2.6 billion financing for the project with the government of Japan. Line 3 will incorporate Japanese technology.