Press release -
Hitachi Rail's $883m Monorail Project Crosses Panama Canal
- Global Mobility Giants Hitachi Rail and Mitsubishi Corp. to deliver Metro de Panama’s Line 3
- 25 km Elevated Line will Reduce Inner City Congestion and Tackle the Region’s Steep Mountainous Terrain
- Project Features Trains that Use Re-generative Power and 14 New Stations
Panama City, October 30, 2020 — Hitachi, Ltd. (Hitachi), Hitachi Rail STS S.p.A. (Hitachi Rail) and Mitsubishi Corporation have signed an $883 million contract with HPH Consortium, the prime contractor for Panama Metro Line 3. Line 3 is a 25 km, elevated double-track monorail system, which will include 14 new stations and trains that use re-generative power. Hitachi and Hitachi Rail will provide 28 six-car vehicles (168 cars), the signaling systems, telecommunication systems, power systems, control center, platform screen doors and depot equipment for the monorail while Mitsubishi Corporation will manage the administration of the project.
When it opens in mid-2025, Line 3 of Panama Metro will transform the way people in Panama move, work and live. The monorail will move its passengers through the urban core and fast-growing west side of Panama City with ease before crossing the Panama Canal to tackle the route’s many hills and steep grade. With breathtaking panoramic views, this line is expected to serve hundreds of thousands of passengers per year. Approximately 800 local jobs are expected to be created during the development of Line 3.
“At Hitachi, innovative technology underpins our product range and transportation solutions. In order to provide efficient and cost-effective means of transportation for passengers and operators, we are very pleased to be a provider of cutting-edge railway systems,” said Jason White, Executive Officer for the Americas, Hitachi Rail Group. “With high-performance and energy-efficient vehicles, the new monorail will deliver a greener future with better mobility for all.”
As traffic congestion in big cities has become a universal problem, there is a growing demand for transportation systems with low environmental impact. Hitachi develops systems to help with urban-flow and energy efficiency, maximizing valuable natural resources, while minimizing operating costs to project stakeholders.
“In Panama, as in many urbanized areas of the world, heavy traffic congestion impacts economic activity, public health and quality of life,” said Enzo Carpanetti, Director of Sales & Project Management for Latin America, Hitachi Ltd. Railway Systems Business Unit. “This line will reduce traffic and carbon dioxide emissions, and the trains themselves are designed of energy-efficient materials.”
Working alongside its global customers to find innovative and creative new ideas, Hitachi’s B-CHOP (Energy Storage for Traction Power Supply) system will be used to harness the train’s re-generative power, substantially reducing energy consumption throughout the railway system. When the train is in braking mode it can produce regenerative power, reducing CO2 emissions while providing power for future use that does not need to be drawn from a central power grid.
About Hitachi Rail: Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across six continents and over 12,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are proud of our global achievements, from our world famous ‘bullet trains’, to our signalling solutions and turnkey projects, state-of-the-art traffic management and digital solutions. Drawing on the wider Hitachi Group’s market-leading technology and research-and-development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For information about Hitachi Rail, visit www.hitachirail.com.
About Hitachi Ltd.: Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focused on its Social Innovation Business that combines information technology (IT), operational technology (OT) and products. The company’s consolidated revenues for fiscal year 2019 (ended March 31, 2020) totaled 8,767.2 billion yen ($80.4 billion), and it employed approximately 301,000 people worldwide. Hitachi drives digital innovation across five sectors – Mobility, Smart Life, Industry, Energy and IT – through Lumada, Hitachi's advanced digital solutions, services, and technologies for turning data into insights to drive digital innovation. Its purpose is to deliver solutions that increase social, environmental and economic value for its customers. For more information on Hitachi, please visit the company's website at www.hitachi.com.