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John R Hampton

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Posts posted by John R Hampton

    On The Subject of China Building a Rail Link From Panama City to Chiriquí

    in Public Transportation (Bus, Taxi, Airlines and Airports, Metro Subway, Metro Bus, Uber, Ferries and Water Taxis, etc.)

    Posted

    2 hours ago, Moderator_02 said:

    Varela had presented, a feasibility study to build the train between the cities of Panama and David. " The project is economically feasible because of the social profitability it represents"

    Have no idea what "social profitability" means but at least this transport-fantasy has finally come to an end.

    Now can we dispense with the 'Baru Cable Car' delusion soon?

    Public Meeting Regarding Teleférico Proposal

    in Outdoor Activities (Tourism, Recreation, Sightseeing, Nature Hikes, etc.)

    Posted

    chair.jpg.be0f43ded584e9fadbd380471b7b61d4.jpg

    It's easy to get excited about another tourist attraction coming to our community, particularly when it will be paid for with 'other people's money'.  And any comparison to Medellin's Metrocable is spurious as theirs was built in the '90's, as part of an overall transportation system, in a city of 2.5 million people.

    Now apparently, a feasibility study will be undertaken for a 'Boquete Cable Car'.  Acquiring new access rights across public & private land will be a factor.  Also, counting the number of cloudy days over Baru during the rainy season should be interesting.

    But what will kill this wishful thinking will be the low ROIC (Return on Invested Capital).  Who would put forward so much money (many, many millions of dollars) in an attraction with such limited revenue potential?  China?  The government?  You?  Me?

     

    There are a host of more important needs in Boquete . . . add this new folly to Panama's high speed bullet train.

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