5 bidders have already put in technical and economic bids for the bookstores, and the winner of the first store is expected to be announced in two weeks.
A Prensa.com article explains how this bidding process works: "The second best offer will have the opportunity to match the first in order to win the second space. If none of the participants is capable of matching the first offer, the company responsible for the first proposal could operate both stores, to be located in separate ends of the central corridor of the airport."
The opening of 15 retail outlets at Tocumen International Airport in Panama has attracted 120 companies.
Brands interested in being in the new Duty Free areas include Carolina Herrera, Mont Blanc, Cartier, Prada, Armani and Victoria's Secret.
Juan Carlos Pino, manager of Tocumen SA, said this month they will decide on the concession scheme to use for the commercial spaces, adding that in some cases they will put out tenders and in others will be resolved through direct negotiations.
Authorities at the panamanian airport are planning to put out to tender 15 store spaces in the first six weeks of the year and another 25 throughout the year.
With a new business plan which aims to increase the number of passengers entering the country through the implementation of new flight routes and other strategies, the administrators of Tocumen Airport also plan to tender more commercial spaces.
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