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11/07/2016

FCC celebrates its twentieth anniversary in Panama

Over the last two decades, our Citizen Services Group has contributed to the welfare of the Panamanian people with emblematic construction projects such as Line 1 of the Panama City Metro and the Panama Canal expansion.

FCC celebrates its twentieth anniversary in Panama

This week, FCC celebrated the twentieth anniversary of its presence in Panama, during which time the Company has contributed to the economic development of the Central American country by undertaking a series of significant projects, mainly related to infrastructure development, including Lines 1 and 2 of the Panama City Metro, the Luis “Chicho” Fabrega Hospital or the Panama Canal expansion works.

In its 20 years of business in Panama, the FCC Group has contributed to the economic development and improvement of living standards for Panamanian citizens, as proven by statistics like the 20,000 people who have worked for our Citizen Services Group on its various projects.

In a celebration event organised for everybody connected with the Company, the Director of FCC Construcción Centroamerica, Manuel Antonio Olivares, described these 20 years as a milestone for the Group that “demonstrate our status as a Panamanian as well as a multinational company”. Olivares stressed to the authorities and personalities present at the event “how privileged FCC feels to be part of the growth and progress of this country” and at the same time expressed his confidence that FCC will “keep on doing so for many more years”.

Olivares also described the different business areas which the Group has been active in over these last two decades. Among them, the Chief Executive of FCC Centroamerica referred to house building, sanitation plants, transportation, water transfer projects, ports and the rehabilitation and maintenance of several key infrastructures.

Builder of human relations

The Minister of Public Works, Ramon Arosemena, who attended on behalf of the President of the Republic, Juan Carlos Varela, stated in his speech that FCC had not only built tangible constructions but also profound human relations, by proposing joint solutions of shared added value through its Corporate Social Responsibility policy, investing in local development and helping to improve the quality of citizens’ living standards.


Among the most emblematic projects undertaken by FCC in the Central American country are Line 1 of the Panama City Metro, which is the first suburban train network to be built in Central America. The project arose from the need to design a modern system of mass transportation in Panama City and once completed, it will benefit more than one million people. At present, FCC is working through a consortium on Metro Line 2 with 16 stations and 21 kilometres of track that will serve half a million citizens.

The latest additions to the portfolio of civil works carried out by FCC is the Via Brazil ring road, which has served to join both ends of the Panama City, the new headquarters of the Electoral Tribunal, and the City of Health hospital, currently under construction on a 220,000 square metre plot of land that will be equipped with 49 operating rooms and 1,200 beds, to become a reference in Healthcare throughout the region.