Panama awards $2 bln subway contract to Odebrecht, FCC Construcciones

viernes 29 de mayo de 2015 18:22 GYT

PANAMA CITY May 29 (Reuters) - Panama on Friday awarded a nearly $2 billion contract to build a new subway line in the capital to a consortium that includes Brazilian conglomerate Odebrecht and Spanish construction firm FCC Construcciones.

Panama's office of public contracts awarded the contract after having decided earlier this month that the Odebrecht-FCC consortium presented the best proposal for the subway line, with a cost of $1.857 billion. (Reporting by Elida Moreno)