Within airport investments is the expansion of Tocumen International Airport with the "Muelle Norte" which requires an investment of approximately $ 100 million and is currently 51% completed.
On this expansion the MEF reported that studies are underway to build, within this complex, an airport city with shopping facilities, hotels, golf courses and other facilities, placing Panama among the most competitive countries in international tourism.
On the other hand, there are plans to expand the Marcos A. Albrook Gelabert airport with a $ 2.5 million investment and the improvement of the Howard runway in Veracruz for $ 11.6 million. The latter relies on tourist charter flights, heading for the beaches of San Carlos, Santa Clara and Rio Hato.
Also, the expansion of the Enrique A. Jimenez airport in the province of Colon, which may require an outlay of about $ 580 thousand, as wells as improvements to the Enrique Malek airport in David, Chiriqui, for $ 27 million. This latest project is 37% completed and it is expected to be completed in November of this year.
On the airport for the central provinces airports, officials indicated that MEF has not yet defined its place of construction, but with the completion of studies to define the most suitable site, to users and the country's economy, work will also begin; as it has already secured the financing through the Corporación Andina de Fomento (CAF). The project is begin and be completed during the current administration.
In a reversal of the decision of having them administered by Tocumen SA, the airports of David, Colon and Rio Hato will be granted in concession to private companies.
The Panamanian government now believes that it would not be suitable for Tocumen SA to manage – along with Tocumen International Airport - these airport terminals, which are being remodeled at a cost of $138 million.
The Panamanian aviation authority (AAC) has given the companies Meco and CUSA the order to begin work.
Meco, at a cost of $3.44 million, will be in charge of the runway improvements while the $2.99 million paid to Constructora Urbana S.A. (CUSA) will go toward the design and construction of a new taxiway.
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