Page 17 - FCC-N16-eng

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u s i n e s s
Operating in Panama and Costa Rica
since 1996
One of the company’s most emble-
matic projects currently under way in
Panama is the construction of line 1
of the Metro, which will be the region’s
first underground railway; the Hospital
Complex mega-project, for 440 million
euro; the Luis Chicho Fábrega Hospi-
tal; and the new access channel to the
Panama Canal from the Pacific Ocean.
In Costa Rica, the company began
its operations with road maintenance
contracts and projects in rural areas. It
also participated in the country’s most
important road project: the conces-
sion to build the 77-kilometres road
nal roads: one providing access to the mine
from the east (1.5 kilometres) and a second
running parallel to the principal pipeline (5.5
kilometres).
Expanding in Costa Rica
The second project awarded to the Citizen
Services Group in Central America calls
for the construction of eight bridges on
the Norte Interamericana highway in Cos-
ta Rica. This contract (worth slightly more
than 6 million euro) is especially important
because it is part of the project to extend
the Cañas-Liberia road in Guanacaste (nor-
thwest Costa Rica, around 280 kilometres
from San José), which FCC is currently un-
dertaking, for 75 million euro.
The bridge building contract has an execu-
tion period of 17 months. This project will
be financed by the Inter-American Develo-
pment Bank (IDB), with an initial packet of
infrastructure funding (IDB I) totalling 235
million euro (300 million dollars).
linking the capital, San José, with Cal-
dera, on the west coast. FCC also built
the 12-kilometres highway linking Ala-
juela and Heredia, west of San José.