Airport management said the bylaws of the terminal allows these direct contracts, side stepping the mechanisms of PanamáCompra. A shortlist of companies has been made and they have been invited based on their previous experiences.

"There are about 20 shops that will be commissioned in the airport’s newly expanded area for toy stores, stores that sell handbags, perfumes, luxury accessories and clothing for children," published Prensa.com.

Tocumen SA expects to raise about $30 million with awards.

Airport management has negotiated store openings directly with Rolex, Carolina Herrera and National Geographic.

"Juan Carlos Pino, manager of Tocumen, SA, said the installation of Rolex and Carolina Herrera at the airport is in response to a pilot plan, as these labels do not have stores in airport terminals. Meanwhile, National Geographic has set up ts first 'museum shop' in Panama, the first of its kind outside of the United States," informed Prensa.com.

Source: Prensa.com

More on this topic

Tender of Duty Free Areas at Tocumen in September 2016

November 2015

The Panamanian airport administration has hired the British company Pragma Consulting to design the strategy to tender the commercial area of ​​the southern terminal, scheduled for September 2016.

Pragma Consulting company also designed the tender process of the business premises that are currently operating under concessions which will expire in 2017.

Tender for South Terminal at Tocumen

January 2012

The airport structure will cost about $400 million and be 50,000 m2 announced Panamanian authorities.

The manager of Tocumen, SA (administrator of the international airport), Juan Carlos Pino, said that the tender for the South Terminal at Tocumen International Airport, Panama will be released in March, and the works are expected to cost $400 million.

Tender for Duty Free Shops at Tocumen Airport

January 2012

During the month of January commercial premises at the north terminal of Tocumen International Airport, Panama, will be put out to tender.

In total, 18 stores will be put out for tender, and include stores for clothing, jewelry, sporting goods, and children clothes and toy shops.

Tender for Duty Free Shops at Tocumen

August 2011

Later this month will see the auction of shop spaces in a tax-free area at Panama's Tocumen International Airport.

The sectors invited to participate in the bidding process are, consumer electronics, perfume, leather goods and spirits.

"In the meantime, Tocumen’s management board have approved direct negotiations for the installation of the stores for Sony, Apple and Rolex.