7 Companies Bid for Airport Terminal in Panama

Seven companies have expressed interest in construction of an airport terminal for private planes at Tocumen.

Friday, January 7, 2011

The company that wins the project will make an initial investment of $ 2 to $ 3 million.

Companies like Universal Signature, Aerosupport and Million Air of the United States have shown interest in participating in the bid, which will be held on January 15th.

"During the bidding the firms will submit two proposals, a technical proposal and an economic proposal," published Prensa.com. "The first document will be reviewed by a committee which will have 10 days to assess if it meets all requirements, while financial proposals will be deposited with Banco Nacional and will only be opened after technical documents have been assessed."

More on this topic

Tocumen Expansion Underway

June 2014

The construction of the southern terminal of the Panama City Airport is now 40% complete and its start-up is scheduled for 2016.

The work on expansion of the international airport is in line with the original international airport for the project, being run by the construction company Norberto Odebrecht.

More Room for Airport Expansion

January 2015

Approval has been given to the design of a new maintenance hangar at the Juan Santamaria airport and the project will be started in the first half of the year.

In December the International Civil Aviation Organization approved plans and designs for the construction of a new 10,000 square meter hangar to accomodate up to 6 large aircraft. This will allow for the expansion of the main airport in Costa Rica to the east.

Panama: Business Sought for Colon Airport

May 2015

The air terminal built during the Martinelli administration does not receive any commercial flights and Tocumen SA is looking for alternative uses for it in order to make it profitable.

The airport, which required an investment of $58 million, does not operate commercial flights, therefore Tocumen SA is analyzing different alternatives to find another use for the terminal so that it can start generating profits.

Palmerola Construction Could Start in October

September 2016

In October the concessionaire Investments EMCO will start building the new terminal in Honduras, which will have an area of ​​over 26,000 square meters, twice as long as originally planned.

After the announcement in June 2016 of the award of the concession contract to the Emco, the company announced that "...

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