Its promoters claim that the resources to build it are there, with no more details, but the announcement of the postponement of the start of the mega work following the huge losses suffered by Wang Jing in the chinese stock market, has only increased the doubts.
Doubts about the feasibility of this project have been present since it was first announced, but they now appear to be increasing given the contradictions arising from the information that the project spokespersons themselves have been giving out.
The government plans to analyze the feasibility of building a light rail line which would connect line 3 with other provinces, in a first stage to Penonomé, a second to Santiago and a third to David, Chiriqui.
In a statement on Presidencia.gob.pa, it is indicated that "... along with the construction of Metro Line 3 to the sector of West Panama, the administration has scheduled the feasibility studies necessary for the construction of a Light Rail line to connect Line 3 with the rest of the country, through a first tranche to Penonomé, a second to Santiago and a third stretch to David, Chiriqui.
In January 2016 the results of a study will determine whether it is feasible to build multimodal ports in Bocas del Toro and Chiriqui and develop a logistic plan for the region.
The Maritime Authority of Panama explained that the feasibility study is being developed by Nathan Associates, which will have to deliver the results in January 2016. The purpose is to determine the condition of the province of Chiriqui, particularly Baru, in order to establish an economic development plan for the region.
A suggestion has been made to establish flat rates abroad and attract more port services companies in order to eliminate the concentration that exists today.
From a statement issued by the Superintendency of Competition in El Salvador:
The consultant Edgardo Gamarra, a specialist in competition and in the field of maritime port services, today introduced the "Study of the Conditions of Competition in the Maritime Port Sector in El Salvador" requested by the Superintendency of Competition. The Governing Board of the institution will analyze these results and then issue a resolution with recommendations to promote competition in this sector.
Shanghai Haojun Investment & Management is interested in participating in the project to build a road between Puerto Armuelles and a complementary port on the Atlantic coast.
The Chinese company Shanghai Haojun Investment & Management Co. Ltd. has expressed interest in taking part in the project which currently has a funding agreement for a technical study for the development of an intermodal canal, a multipurpose port and modernization of the infrastructure at the port in Armuelles.
Studies are being carried out to ascertain feasibility and demand for the construction of a fourth set of locks on the Panama Canal, with interest in the project being shown from the China Harbour Engineering Company.
Representatives from the China Harbour Engineering Company (CHEC), who have shown interest in the finance, design and construction of a fourth set of locks, will be visiting the country in order to follow up on the studies and projects which the Panama Canal has planned for the coming years.
Technical studies are to be carried out to determine the feasibility of building an intermodal 'dry canal' between Puerto Armuelles, in the Pacific, and a complementary port in Bocas del Toro, in the Atlantic.
The Panama Maritime Authority has announced that it will be focusing first on the study to determine the most feasible business model for the project.
The Panama Canal Authority plans to tender a logistics park and port for ships transporting vehicles and machinery, as well as a study for a logistics annex to the new Pacific locks.
It is expected that the proposals will be taken to the Board of Directors of the Panama Canal Authority (ACP) in the first six months of the year for approval. These projects would be given in concession through tenders and the ACP would only invest in the dredging needed for the vehicle transporter port.
The Solis administration has signed a memorandum of understanding with the Chinese government to begin studying the feasibility of setting up a special economic zone in Costa Rica for enterprises from China.
As part of the agreement signed between the two governments, feasibility studies will be started along with defining where the zone will be sited.
The Environmental Technical Secretariat has approved environmental feasibility studies presented by APM Terminals for the construction of a port terminal dedicated to container ships.
After a long process affected by intense pressures from various sectors, especially trade unions, the environmental impact study was approved by the Environmental Technical Secretariat, giving the green light to the start of construction by the concessionaire APM Terminals. According to company reports, construction could begin in less than a month.
The Chinese government and the concessionaire HKND have announced that on December 22 work will begin on the project with the construction of secondary roads and ports.
In the first part of the presentation given by the Chinese company to the government and businessmen, feasibility, environmental, and social studies, for the market and design work were presented.
A feasibility study will be carried out on converting the canton of Orotina in Alajuela, into a center to attract economic development in order for large logistics companies to establish there.
From a statement issued by the Georgia Tech Foundation:
According to Emmanuel Hess, President of the Georgia Tech Foundation "Orotina canton has special factors which make us to think that it would be feasible to set up a logistic hub which would encourage the arrival of companies." Among these conditions, Hess said is its proximity to Puerto Caldera, proximity to the National Route 27, which allows travel to San Jose in about 45 minutes, the Canton's excellent interconnections via fiber optics and the probable location of the new international airport in that region.
During the IX World Economic Forum on Latin America the new President of Honduras promoted a project without being able to refer to studies carried out for it or the investment amount.
The Central American "Canalitis" disease seems to be widespread among the ruling classes of the region who have no respect for logic or the minimal criteria required for healthy business and investments.
The Honduran government has signed an agreement with China Harbour Engineering Company to conduct a feasibility study for the construction of an inter-oceanic railway between the Caribbean and Pacific
Congressman and consultant for the Ministry of Works, Transport and Housing (Soptravi), Miguel Angel Gamez, said that "now we have to wait to see what the study reveals to see if it is viable and how much the investment amount would be."
A Chinese state heavyweight is the company contracted to carry out the feasibility study for the Grand Canal of Nicaragua.
This is good news for Nicaragua: peaking out from behind the unknown HK Nicaragua Canal Development and its president Wang Jing, are the real stakeholders in the Grand Oceanic Canal.
According to an article in Elnuevodiario.com.ni China Railway Construction Corp., CRCC, is "...