The Public Services Authority is in the process of canceling licenses for plants for which construction has not yet started or are showing signs of not being able to move forward with projects.
To date the Authority of Public Services (ASEP), reports that it has canceled about 35 licenses and concessions for generation projects, using both thermal and renewable power plants.The total amount of MW that have been canceled is 700 MW in thermal plants and 150 MW in hydroelectric projects, which should have been ready in 2020.
An environmental impact study has been presented for the construction of an industrial park with 6 commercial premises and 82 warehouses in Tocumen, Panama province.
The Environmental Impact Assessment (EIA) submitted to the Ministry of Environment in March 2016 by INMUEBLES Y CONSTRUCCIONES DEL ISTMO, S.A. indicates that the development will be called "Parque Industrial Tocumen" located in the district and province of Panama, town of Tocumen.
Works at the Recope plant in Moin and the construction of a fertilizer plant are part of the projects for which environmental impact studies were submitted in November 2015.
The report entitled "Construction Projects in Panama - November 2015", prepared by the Business Intelligence unit at CentralAmericaData.com, provides a detailed list of major constructionprojects for which environmental impact assessment (EIA) were presented to the National Environmental Technical Secretariat (SETENA) in November.
An environmental impact study has been submitted for the construction of a beverage production and distribution plant measuring 144 thousand square meters in Western Panama.
The Environmental Impact Assessment (EIA) submitted to the National Authority of the Environment in July 2015 by the company Pacific Brewery SA, indicates that the aim is to complete construction of the plant in 12 months, and that they plant will consist of 70,366 of open construction and 74,317 cubic meters of enclosed areas.
The Canal Administration has signed with the US Agency for Trade and Development an agreement to develop a liquefied natural gas terminal.
From a statement issued by the Panama Canal:
Panama Canal Signs Agreement with US agency to boost LNG market
The Panama Canal today signed a technical cooperation agreement with the US Agency for Trade and Development to boost planning of a terminal for liquefied natural gas (LNG), a market that will open up for the country when the expanded waterway is operational.
The construction of the refinery El Supremo Sueño de Bolívar in Miramar, remains paralyzed as the government seeks funds to finance the second phase, the refinement complex.
At the moment, only the storage and distribution complex has been finished, works which were funded by Venezuela, but according to the agreement signed "... When oil is at $50, only 40% of that price is given in financing to the beneficiary country." Because of this, the government is seeking foreign funding for a second phase, but international conditions are not the best for resources for a project that "... does not seem to be profitable."
Mexichem has completed construction of its new production facility for making piping systems, fittings and PVC products in Escuintla.
The company Amanco, a member of Mexichem Group, opened its new production plant, which required an investment of $20 million. This new factory will replace the one which operated for 40 years in the zone 12 of the capital.
Preparations are being made for February of the specifications of the tender to build and expand water treatment plants in Santiago, Veraguas and in different areas of the provinces of Panama and Panama Oeste.
At the moment conditions are being revised including the specifications for the tender and it is hoped that it will be published on the purchasing website in February. In the area in the north, east and west of Panama there are 10 water purifiers that are not efficient, whereas in Veraguas there are six plants which are over 40 years old.
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