$6 million will be allocated to expanding the runway and passenger terminal of the Isla Colón airport in Bocas del Toro.
The Civil Aviation Authority (AAC) has announced that work is expected to begin on the expansion of the air terminal at the beginning of next year.
Afredo Fonseca Mora, director of the AAC, explained to Prensa.com that "..."The first thing we must resolve is the transfer of an area that is located at the end of the track, which is used by the community for sports activities, a situation that shouldnt be happening because it is within the safety perimeter of the air terminal."
Terminal 2, whose opening is scheduled for next year, promises to improve conditions at the Panamanian airport, making it competitive with other hubs in Latin America.
The new Terminal 2, which is 92% complete, will have capacity to serve aircraft in 20 contact doors and 8 remote locations, taxiways, parking platform and aircraft circulation, adding up to pavement surface measuring more than 250,000 square meters.
Panama City airport authorities have started negotiating to buy the land needed to build a third runway and a passenger terminal.
The formal process for acquiring properties began with discussions with the owners of the six plots of interest to Tocumen S.A., all of different sizes and which together total some 800 hectares.Carlos Duboy, manager of Tocumen, explained that they presented a possible payment scheme that includes a portion in cash and another in exchange of state lands in other parts of the country.
Constructora Meco won the contract to build a taxiway connecting the two terminals at Tocumen International Airport in Panama.
The work involves the design and construction of the street S4 and the extension of Street L1 in the International Airport in Panama City. The Costa Rican construction firm Meco won the contract with an economic proposal of $12.8 million, lower than all of the bids submitted by the other four participants in the tender.
Copa Airlines has announced that from 2018 it will transfer the servicing of its aircraft to the new 10 thousand square meter construction hangar is to be constructed in Tocumen.
The construction process, which requires an investment of $15 million, started a few days ago and will be completed in 2018.The airline plans to transfer all aircraft maintenance operation from the second half of 2018.
In order to remain competitive Panama City airport needs to further expand its operating capacity, and is already working on the acquisition of surrounding land.
The funds to finance the project to construct a third runway will come from the dividends expected to be generated by the terminal with the granting of duty free premises whose tender is scheduled for 2017.
Tender for the study, design and construction of the Calle S4 and extension of the Calle L1 at Tocumen International Airport.
Panama Government Purchase 2016-2-02-0-08-LV-006 309:
"Essentially, the new terminal creates a system of three axes of paved roads with access / exits connecting the south with the taxiway L and the north with the current Northern apron.The planned works include extension of Calle L (in a straight line) and extension eastward of the T1 platform, allowing for a double circulation system to be used in the northern platform to facilitate the simultaneous movement of aircraft.This dual circulation of the north apron, requires an extension southwards so that there can be a system of dual circulation of aircraft between the two new terminals as shown in the figure below.In addition to the above, the new S4 access will allow for a better flow of aircraft traffic from / to the two platforms associated with the terminal buildings (T1 and T2)."
On November 8 Panamanian entrepreneurs will be meeting to discuss the project for the construction and concession of a port in Corozal and its impact on the economy.
From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama:
Panama, November 01, 2016. -In order to analyze the diversification of opportunities for maximum use of the expanded Canal, the Chamber of Commerce, Industries and Agriculture in Panama will be holding a national forum in connection with the proposal for a port construction in Corozal, on Tuesday, November 8, which will take place at the guild´s headquarters.
The submission of four bids below the reference price forced the original $14 million tender to build a taxiway within the airport terminal to be canceled.
Thetenderfor the Study, Design and Construction of Calle S4 and extension of Calle L1 in Tocumen International Airport was canceled after authorities rejected the proposals for being lower than the amounts required in the request for proposals. Initially the tender had a reference price of $9 million, but later the Board reconsidered the conditions of the work and raised the price to $13.9 million.
Tocumen is preparing a plan to tender several expansion works and equipment at the airfields of Panama Pacific, David, Colon and Rio Hato.
One of the regional airports where Tocumen plans to invest in order to improve its functionality is Panama Pacific, which is projected to double capacity of the terminal in order to handle five flights simultaneously instead of two, increasing the number of airline counters from 3 to 7 and improving the waiting area for departing passengers and the migration area.
Works at the airport, works on riverbeds and construction of sports infrastructure are some of the projects which were awarded to private companies in May 2016.
The report "Construction Projects in Central America", prepared by the Business Intelligence unit at CentralAmericaData.com contains a detailed list of major construction projects awarded by Central American governments.
At the end of the year-end a $30 million tender will be published to build a cruise ship port in an area measuring 30 hectares in Perico Island, on the Amador Causeway.
In addition to construction of the port, the tender specifications include the design and construction of commercial spaces to provide services for the terminal's operation, in an area of 11 hectares.The Maritime Port Authority estimates a total investment of $30 million, which is already included in the 2017 budget, and expects the construction process to take between 12 and 18 months.
Schools, renovation of high rise residential buildings and airport infrastructure are some of the construction projects for which contracts were awarded in Central America in April 2016.
The report "Construction Projects in Central America", prepared by the Business Intelligence unit at CentralAmericaData.com contains a detailed list of major construction projects taking place in Central America.
Design modifications and additional works total $99 million more than the original cost of the project being undertaken by Odebrecht, who will now have 14 months to complete construction of Terminal 2.
From a statement issued by the Presidency of Panama:
The Cabinet Council authorized an addendum to the contract signed between the International Airport of Tocumen, S.A.
Investments have been announced to expand the terminal, runway, taxiway and tower construction at the airport of Isla Colon in Bocas del Toro.
The Civil Aviation Authority (CAA) announced it will invest $9 million in a renovation project at the Airport Isla Colon in Bocas del Toro province, according to information on Panamaamerica.com.pa.