Panama: Bids to Build 'Ciudad Esperanza'

The proposals submitted by four companies to build the 'City of Hope' project in Arraijan range from between $137 million and $164 million.

Thursday, June 25, 2015

Under the shadow of protests against Odebrecht's participation in the tender as part of one of the consortia bidders, stemming from charges in Brazil of acts of corruption, bids for the construction of the so-called 'Ciudad Esperanza' or 'City of Hope' were received.

From a statement issued by the Ministry of Housing and Land Management

Four companies submitted proposals to build the 'City of Hope' Project

The public ceremony for the tender of the 'City of Hope' Project, located in the district of Arraijan, town of Vista Alegre, was held this Wednesday, June 24, with the participation of four companies who submitted proposals to participate in the award of the work, said the Minister of Housing and Land Management, Mario Etchelecu.

The companies that participated were: China Harbour Engineering Company LTD, which submitted a proposal for B / 164,266,240.00, Construcciones Civiles SA General and Ingenieros Civiles Asociados SA de CV, whose proposal was B / 150,711,885.19, Arraiján Consortium, B / 139,994,685.45 MCM consortium with CCA and B / 137,000,000.00.

More on this topic

$111 Million Awarded for Urbanization

December 2018

Ingenieria Rec, S.A. was awarded the urban renewal project "Altos de Los Lagos - Second Stage," which consists of the construction of 1,620 homes on a 23-hectare site.

On December 12th, the contract for the urban renewal project of the City of Colon was published in the portal PanamaCompra, which includes a second phase located on a polygon of about 23 Hectares, in Los Lagos sector, Cristóbal neighborhood, Colón District, Province of Colón and which will be called "Altos de Los Lagos Project - Second Stage."

Who Wants to Build Line 3 of the Panama Metro?

June 2017

Nine consortiums from China, Italy, South Korea, Spain, Brazil and Portugal want to be prequalified to design and build Line 3, which has $2.6 billion in financing.

From a statement issued by Metro de Panama:

Companies that participated in the prequalification ceremony on Friday, June 2: 

Panama: Residential Complex for $137 million

March 2016

An environmental impact study has been presented for the "City of Hope Arraiján" project, which will consist of 2,250 homes in an area of ​​36 hectares in western Panama.

The company CCA.MCM Consortium was the winner of the tender convened by the Ministry of Housing and Land Management.

Three Proposals for Metro Line 2

February 2015

Three consortiums made up of Chinese, Spanish, Peruvian, Brazilian and Mexican companies submitted bids for the design and construction of Line 2 of the Panama Metro.

From a statement issued by the Metro Department of Panama:

The Metro de Panama SA this morning received proposals from three consortia aspiring build Line 2 of the Panama Metro.

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