Panama expects Austrian officials to visit after San Miguelito cable car contract

Panama expects Austrian officials to visit after awarding the San Miguelito cable car project to Doppelmayr Panamá Corp., strengthening a bilateral agenda focused on economic, commercial and cooperation ties.

The Panamanian government awarded the contract on September 3 for $255,163,788.03. The cable car will cover approximately 6.6 kilometers, include six stations and carry up to 2,800 passengers per hour in each direction.

The system will connect with Panama Metro Line 2 and is intended to improve travel for thousands of people between communities in the districts of Panama and San Miguelito. Panama’s Foreign Ministry said the project could also bring Austrian technology, experience and expertise to the country.

The ministry described the project as an opportunity to create jobs and strengthen national technical capabilities through training and knowledge transfer. It said the contract resulted from closer diplomatic ties and an economic agenda promoted by Panama and Austria.

The bilateral follow-up comes after Panama’s foreign minister visited Vienna in July 2025. Panama’s embassy team in Austria has continued working on issues agreed during that visit, while the wider agenda seeks to attract high-value investment and expand economic, trade and cooperation relations.