Minister Of Public Works Defends Project Costs
Friday, June 08 2012 @ 11:52 AM EDT
Contributed by: Don Winner
Details of the Costs - Some costs related to the Metro Bus transportation system have been included in this project, such as the construction of bus stops representing $35.3 million dollars of the total cost of the project. In addition, Suarez said while speaking on TVN News, there is a financing component, meaning private financing for about $13 million dollars, as well as the cost of the tax on the transfer of tangible personal property (ITBMS) representing about $16 million dollars.
On the morning news the Minister of Public Works said the project includes at least four bridges or interchanges costing between $17 and $18 million dollars each. In addition the project contemplates clearing the center of the roadway in order to allow the capacity for a future line of the Metro mass transit system, as is being done along Via Transistmica. About the costs of basic construction materials, Suarez said "I don't make them up, this comes from the CAPAC." "The issue of the construction is comparative based on the cost of materials," he said. (Prensa)
Editor's Comment: This is the construction project to expand the roadway out past San Miguelito, the extension of Tumba Muerto, in the areas of El Crisol, the Los Pueblos and Metro Mall shopping centers, headed toward the Tocumen International Airport. As the Minister of Public Works Suarez has spent more government money in the past three years than practically any other minister of the Martinelli administration. He gets the money to build new stuff, and they've been building a whole lot of stuff lately.