Panama: Tender for Road ExpansionThe Martinelli administration is proposing a "turnkey" tender for the expansion of the InterAmerican Highway to four lanes between Santiago and David, before the end of his term.Thursday, November 1, 2012
As outlined in an article in Prensa.com, "The Minister of Economy and Finance, Frank De Lima, announced yesterday at the seventh National Competitiveness Forum that before the end of the current administration there will be a tender for the expansion to four lanes of the Inter-American Highway between the cities of Santiago de Veraguas, and David, Chiriquí. Speaking earlier, the Minister of Public Works, James Ford, said they are working on the basis that it would be a 'turnkey' project. " Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Charges Added to Turn Key Project for FinancingNovember 2013 $120 million for "financing costs" will be added to the charges resulting from contracts from the tender for the expansion of the Inter-American Highway in Panama. Panama: Tender for Road Widening for $850 millionAugust 2013 The proposed expansion and rehabilitation of 185 kilometers of the Inter-American highway from Veraguas to Chiriqui is being divided into five parts to be tendered separately. Immobilization of Bearer Shares to Resume in JulyMay 2013 Panamanian Congress will resume discussion of the bill that immobilizes bearer shares. Road Works Tender in Panama for $700 MillionMarch 2013 In mid-2013 authorities will put out to tender the renovation and widening to four lanes of 280 kilometers of road between Santiago de Veraguas, and David in Chiriqui.
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