Comprehensive project for electromobility and increasing the resilience of the public transport infrastructure of Panama City

The general objective is to contribute to the improvement of sustainable and inclusive mobility in Panama City. The specific objectives are: (i) support the electrification of the bus fleet operated by Mi Bus in the Operation and Execution Center (COE) of El Chorrillo; (ii) improve the quality of the infrastructure associated with the Public Transport (PT) network through electric buses, making it more resilient; and (iii) improve management capabilities for the effects of Climate Change (CC) of MiBus in mitigation measures in the operation of TP and of the MOP in adaptation measures.

Project Detail

Country

Panama

Project Number

PN-G1012

Approval Date

Project Status

Preparation

Project Type

Investment Grants

Sector

TRANSPORT

Subsector

PUBLIC TRANSPORT (BUS / TRAIN / CABLE). INFRASTRUCTURE AND EQUIPMENT

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental Classification

Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

USD 9,000,000.00

Country Counterpart Financing

Original Amount Approved

USD 9,000,000.00

Financial Information