Panama: New Project for Port in CorozalAfter the Assembly rejected the first bill, the Canal Authority has presented a second proposal for the concession of the development of the port.Friday, August 7, 2015
Although the Assembly rejected the first proposal, it has been reported that the Panama Canal Authority (ACP) has maintained contacts with companies interested in developing the project. One of them is APM Terminals, which although the announcement of the international tender is still being awaited, "... ' pre approval has been given to the proposal made by APM Terminals, which includes an investment of $625 million and which would allow the Dutch group operate Corozal for 20 years'. " Source: laestrella.com.pa ¿Busca soluciones de inteligencia comercial para su empresa?The Port that Panama NeedsFebruary 2018 Opposition on the part of a port operator and residents in the area is preventing the development of a terminal that would speed up maritime traffic in the Panamanian Pacific and result in lower logistics costs. Tender Announced for Port CorozalSeptember 2016 The ACP has approved the documents to tender in ten days a concession to one of the prequalified companies; PSA International Ltd, Terminal Link, Terminal Investments Limited and APM Terminals. The Fight Over Puerto CorozalNovember 2015 Companies interested in developing and operating the new Panamanian port will face stiff competition from Panama Ports Company, which has already prepared a plan and requested to receive the concession directly. Tender Awaited for Port CorozalApril 2015 Although it had been announced for April, the tender to build and operate the port could be delayed again because the Assembly did not approve a bill which gives tax breaks to the contractor.
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