There is still no certainty as to when construction of the dock will resume, rather than being ready by the middle of this year, it will be delayed until at least January 2018.
Initial plans were that Recope's oil dock, which will allow larger vessels to dock, would be ready by the middle of this year, but it is now estimated that it could be completed in early January next year, due to problems that arose during the construction process, which is being run by the consortium ICA-MECO.
Financial problems of the Mexican company ICA, member of the consortium in charge of building the dock in Costa Rica, could be part of the reasons behind the stoppage of work on the project.
The proposed construction of an oil dock for Recope wasawarded to the consortium made up of MECO and the Mexican construction firm ICA, which since 2012 has been developing the works. The project is now 96% complete, and according to the president of Recope, Sara Salazar, the problem of non-payment, which may have led workers to stop construction, has now been resolved and work will resume in the coming days .
The Mexican company ICA, the Dominican La Estrella, the Chinese Sinohydro and two Costa Rican construction companies are bidding for road works projects worth $115 million.
The Mexican ICA, the Dominican La Estrella, the Chinese Sinohydro were those companies involved in a contest conducted by the Ministry of Public Works and Transport (MOPT) for the construction of the northern section of the ring road in the capital city.
Only two consortiums have presented offers for the design and construction of the first line of the Panama Metro.
The consortium led by Impregilo also includes Astaldi, Ghella and Ansaldo Breda Trains, while that led by Odebrecht also comprises Spanish owned FCC Construcción and Alstom Trains.
A third consortium, "Consorcio CIMA", made up of Acciona, Mitsubishi and ICA, did not tender for the contract valued between $1 and $1.5 billion.
18 construction companies have declared their interest in participating in the public bidding process on April 26, 2010.
These include Constructora Urbana S.A. (CUSA), Norberto Odebrecht, Santa Fe and Constructora ICA.
Works comprise rehabilitating the entire highway and widening the road to 4 lanes between Porras and Los Algarrobos. From there, the road splits in two until David River, and starting there it will be widened to 4 lanes until Boquete. The entire project spans 45 kilometers.
The consortium FCC-ICA-MECO won the second-largest contract of the Panama Canal expansion project.
This contract comprises excavating a 6.1 kilometer waterway that will connect the third set of locks with the Culebra Cut.
From Prensa.com: "FCC-ICA-MECO submitted the lowest priced offer in the bidding process ($267.798.795), and complied with the requirements imposed by the Panama Canal Authority".