Panama 2027 budget allocates US$103.8m for San Miguelito cable car
By The BriefBrief
Panama’s 2027 budget assigns US$103.8 million to the San Miguelito cable car project. The contract was awarded to Doppelmayr Panamá Corp. for US$255.16 million after the first concession tender collapsed without any bids.
WHAT:Panama’s 2027 budget allocates US$103.8 million for the San Miguelito cable car, awarded to Doppelmayr Panamá Corp. for US$255.16 million after a prior tender received no bids.
WHEN:Reported Sep 11, 2026 at 12:12 PM ET
WHERE:Panama
WHY:The allocation follows the collapse of the first concession tender without any bids, leading to an award to Doppelmayr Panamá Corp.
Reporting from 1 identified publisher for this event.
