PANAMA CITY AND MORRISTOWN, N.J., July 30, 2014 (GLOBE NEWSWIRE) -- Louis Berger, as part of the Consorcio PML2, yesterday signed a $32 million contract to oversee Panama City Metro's second line during a signing ceremony with Panamanian President Juan Carlos Varela Rodríguez and senior government officials. The signing follows the award by the Panamanian secretary for the Metro announced on July 10.
"We are honored to play a key role in the second line of the Panama metro system and welcome the opportunity to assist in developing Panama's transportation network," said Sofia Berger, Louis Berger's vice president in charge of Latin America and the Caribbean.
The Consorcio PML2—comprised of Louis Berger and Spanish consultant partners Ayesa and Metropolitan Transports of Barcelona—was selected for the project after receiving the highest proposal score based on technical and economic criteria. Under the five-year, $32 million project, the consortium will supervise construction of Line 2 of the Panama City Metro.
The new 21-kilometer line is the second of four lines in the government's plan to provide efficient, sustainable transport in the Panama City metropolitan area, which supports 1.2 million residents. The line also includes 16 stations along an elevated track alignment from an interchange with Line 1 at San Miguelito serving the districts of December 24, among others.
"Louis Berger is combining local knowledge with global expertise to deliver solutions tailored for the people of Panama," said D. James Stamatis, president of Louis Berger's international operations. "As one of the largest engineering firms in the world with regional headquarters in Panama, we will work closely with our Panama Metro client to deliver a transportation solution for the people of Panama by combining our 50 year history within the transportation sector in Latin America with our extensive global rail expertise, which includes signature programs in Ankara, Turkey; Bangkok, Thailand; Riyadh, Saudi Arabia; Doha, Qatar; and Mumbai, India."
About Louis Berger
Louis Berger is a $1 billion global professional services corporation that helps infrastructure and development clients solve their most complex challenges. We are a trusted partner to national, state and local government agencies; multilateral institutions; and commercial industry clients worldwide. By focusing on client needs to deliver quality, safe, financially-successful projects with integrity, we are committed to deliver on our promise to provide Solutions for a better world.
Louis Berger operates on every habitable continent. We have a long-standing presence in more than 50 nations, represented by the multidisciplinary expertise of nearly 6,000 engineers, economists, scientists, managers and planners.
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