Business Opportunities in Tocumen Aerópolis

The administrator of the Panamanian International Airport has 300 hectares available to grant in 20-year concessions to logistics companies, hotels, hospitals, and for use as offices.

Friday, March 7, 2014

Tocumen SA is currently considering three concession models for managing the air cargo in 2013, which totaled 110 thousand tons. The restructuring of the business includes the development of facilities for light manufacturing plants.

At the moment the details are being completed on the 'Airport City' project which has already purchased 300 acres from the University of Panama for $110 million, to be used for development. An article in reports that the plan includes installation of "basic services (access, power, water, telecommunication) so that private companies can develop the area over a 20-year period," setting up "... hotels, offices and hospitals, among other types of business."

"... Tocumen will invest some 400 million dollars in this project, and among the chains that have shown interest in the area are Decameron, Hilton, Sheraton and Marriott. The airport city will be connected with the South corridor through the new access road being built from the highway to the south terminal. "

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