Panama: $200 Million Worth of Outright Purchases in One Year

Just in the last meeting of the council of ministers direct acquisitions worth $33.3 million were approved.

Friday, July 30, 2010

The contracts approved are for the $26.4 million expansion of Panama's Tocumen International Airport, $4.7 million worth of legal services from Arnold & Porter and $3.2 million hospital funding.

"Some of the main direct acquisitions the government has made are: $11m Caldera river channelling and the $52m second phase of the road upgrade "Coastal Beltway" (both carried out by Odebrecht) as well as $3.3m for Mer Security & Communication Systems (Panama Branch) to build perimeter fencing for two prisons," reports

More on this topic

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.

Airport Expansion Adjudicated to Aerotocumen

March 2009

The expansion of Tocumen Airport was awarded to the Colombian Consortium Aerotocumen, whose bid was $68.65 million.

The contract includes construction of a new terminal, remodeling the main facade, a new presidential lounge, an administration building and other logistical facilities.

Lack of compliance denounced in Panama's Tocumen tender

February 2009

Two of the consortiums participating in the process have requested the disqualification of Consorcio Aero Tocumen for not complying with the tender's requisites.

According to an article from "The consortium that presented the second lowest priced bid ($79.5 million), integrated by the Spanish firm Constructora San José, Constructora Panameña de Aeropuertos and Inmobiliaria Suramericana en Desarrollos Urbanísticos, requested the disqualification of the Colombian consortium AeroTocumen, responsible for the lowest priced bid ($68.6 million).

Panama: Four groups bid for Tocumen expansion

December 2008

The proposal by the Colombian company Aerotocumen was almost $11 million lower than the second best offer.

The contract includes the construction of the Muelle North (North Dock) terminal, the remodeling of the current terminal and the construction of a new administrative building for Tocumen, S.A.

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