Politics & Government

Japan To Finance the Metro in Panama

Topics::

Japan's Government, Masatoshi Wakabayashi, CAF, subway, subway, project finance, Infraestructure & Construction, Panama, Japan

Source: Prensa.com
Wednesday, July 1, 2009

The government of Japan said that it is interested in providing financing for the mega project of a Panamanian subway train.
The special envoy of the emperor of Japan, Masatoshi Wakabayashi, expressed the interest of his government to finance the metro during a meeting with President Ricardo Martinelli. According to Prensa.com, Wakabayashi commented: “Japan has had a lot of experience with urban transportation projects. Not only is there the metro, but also other forms of urban transportation and it is important for us that the Panamanian government defines which way they want to go.”

In the beginning of June, the Corporacion Andina de Fomento (CAF) also announced that it would interested in financing the new government’s biggest project.

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