Panama: Two Coast and Sea Concessions Approved

AMP approved two of the four concessions that it was assessing yesterday, leaving two pending a resolution.

Friday, April 17, 2009

The Panamanian Maritime Authority (AMP) authorized the award of more than eight hectares to the Decal S.A. Company to build and operate a dock on the island of Taboguilla for fuel transshipment and also approved a five acre concession for Miramar Development Corp. to build a tourist marina in Avenida Balboa.

According to Prensa.com, "Sources close to the General Accounting Office warned that the institution will not endorse any of the million-dollar concessions, which the AMP 'intends to adopt in a hasty manner and without complying with the law and regulations,' just a few weeks before the end of President Martín Torrijos’s administration, and a few days from the general election."

More on this topic

More Auxiliary Marine Docks for Panama

August 2013

The maritime industry will have two docks for auxiliary services in the Pacific and one in the Atlantic to use as a base for providing services to ships.

According to Willys Delvalle, president of the Panama Maritime Chamber, the committee on maritime industries at the Chamber is already working on approaches with companies for projects and he confirmed that they are going to provide all services required by the industry.

Panamanian Sea and Coasts Concessions Evaluated

April 2009

AMP will consider today whether to grant the concessions requested for the Panamanian coast and ocean floor.

Among the concessions sought from the Panamanian Maritime Authority (AMP) are one for marine tourism and the other for the construction and operation of a dock for transferring fuel to ships.

Conflict in Panama over port zone concession

October 2008

Four companies allege to have requested the concession of an area of land and sea to build a dock at La Roca in Balboa.

Three weeks ago it was mentioned that three companies had requested the concession to develop the port infrastructure at the site; these were Trans Ibérica Terminal & Services, Talleres Industriales and Atlantic Pacific S.A.

Panama to grant concession for ports in the interior

September 2008

To date, the board of directors of the Maritime Authority of Panama (AMP) has approved the process fr the concession of the Aguadulce port.

Bidding for this port will be done by PanamaCompra. The State, by way of AMP, started this new stage in order to offer concessions for some ports in the interior of the country that have not been developed due to lack of capital.

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