PANAMA · ECONOMY
Key Facts
—The line item Panama’s 2027 budget assigns US$103.8 million to the San Miguelito cable car, the first of three annual tranches planned at US$133.8 million in 2028 and US$32.3 million in 2029.
—The contract On September 3, Metro de Panamá awarded the project to Doppelmayr Panamá Corp. for US$255.16 million — below the US$270 million reference price, after a single bid scored 962 of 1,000 points.
—The system About 6.6 kilometers, six stations from Balboa to Torrijos Carter, linked to Metro Line 2 at Cincuentenario, carrying 2,800 to 3,600 passengers per hour in each direction.
