Panama: Automotive Boom ContinuesThursday, May 22, 2014 In the first four months of the year 18,000 new cars were sold, 10% more than in the same period in 2013. With the sale of 4,797 new vehicles between January and April 2014, Toyota ranks as the best-selling car brand in the country. In second place is Hyundai, with 3,245 units and in in third place Kia, with 2,917 vehicles sold. Car Sales in Panama Up 16%Wednesday, May 15, 2013 In the first quarter of 2013, 17,105 cars were sold , ie 2,296 more than in the same period in 2012. Prensa.com reports that "this represents an increase of 16% as from January to April 2012 14,809 units were sold, according to statistics from the Automobile Dealers Association of Panama (ADAP)". Panama: Car Sales Up 17% in JulyMonday, September 16, 2013 Between January and July 2013 car dealerships sold 31,745 new cars while in the same period of 2012 the figure was 27,142. The statistics were supplied by the Automobile Dealers Association of Panama (ADAP). During the first months of 2013 more than 4,603 cars were sold than in the same period in 2012. Panama: Sales of New Cars Up 4.7%Monday, August 18, 2014 In the first seven months of this year 33,245 new vehicles were sold, which is 4.7% more than in the same period last year, with Toyota, Hyundai and Kia's being the best-selling brands. During the first seven months of this year 33,245 new vehicles were sold in the country, 4.7% more than the 31,745 units sold between January and July 2013, maintaining the dynamism of previous months. Tocumen Cancels Contract for Moving WalkwaysMonday, August 12, 2013 Now new suppliers are being sought for the installation of moving walkways at the North Terminal of the International Airport. South Korea's Hyundai is nine months behind on the installation of the moving sidewalks at the north terminal of Tocumen International Airport. Less Acceleration of Car Sales in PanamaFriday, August 29, 2014 New car sales grew by just 5.6% in the first half of the year, well below the 14.8% increase achieved in the same period in 2013. Figures from the National Statistics Institute reported that between January and July 2014 28.381 new cars were sold, which is 1,511 more than in the same period in 2013. Three Groups Submit Bids to Build New Canal BridgeTuesday, March 6, 2012 A company and two consortia have delivered the documentation to participate in the construction of a third bridge over the Panama Canal. One group consists of Brazil’s Odebrecht and South Korea's Hyundai Joint Venture; another is composed of Spanish firm Acciona Infraestructuras and Mexico’s Tradeco. The third bidder is France's Vinci Construction Grands Projets, according to the Panama Canal Authority (ACP). ACP Promotes Megaprojects in KoreaTuesday, May 7, 2013 The Panama Canal Authority is promoting the development of automotive and natural gas terminals on land bordering the new canal. Jorge Quijano, ACP Administrator, met with current clients of the Canal and carmakers. Car Sales Up 16% in PanamaTuesday, November 26, 2013 Between January and October 2013 car dealers sold 46,983 new vehicles, more than the 6,379 cars sold in the same period of 2012. The top selling brands include Hyundai, Toyota and Kia. The first had a growth of 9% between January and October, while Toyota and Kia sales increased by 23% and 35% respectively, compared with the previous year. Panama: Cars Sales Continue to Lose StrengthFriday, September 12, 2014 In the first eight months of the year car sales increased by 5% compared to the same period last year, a rate which is less than the growth in previous months. The speed of growth in car sales in Panama continues to decline. Between January and August 38,034 vehicles were sold, which is just over the 36,190 units sold in the same period in 2013, according to data from the Association of Automobile Dealers in Panama (Adap). Metro Line 3 Tender is AdvancingThursday, October 11, 2018 The process of approval of the tender for the design and construction of Line 3 of the Panama Metro began with a meeting between the seven pre-qualified groups and a visit to the site. From the Metro de Panamá S.A. press release:
BUSINESS OPPORTUNITY
Tender of $8 Million in InsuranceMonday, July 13, 2020 The insurance for the construction of the civil works, auxiliary installations of line and stations, supply and installations of the integral system, of the Line 3 of the Panama Subway, is tendered for 54 months. Panama Government Purchase 2020-2-80-0-08-LP-002878: Qualified Bids to Build Metro Line 3Tuesday, November 19, 2019 The proposal of the HPH Joint Venture Consortium was the one with the best qualification in the tender for the design and construction of Line 3 of the Panama Metro, which will reach Ciudad del Futuro in Arraijan. The business conglomerate with a score of 893 points is composed of Hyundai Engineering & Construction Co., Ltd. - POSCO - Hyundai Engineering Co. Ltd, official sources reported. Hyundai to Supply Canal ValvesFriday, October 1, 2010 South Korea's Hyundai Heavy Industries will provide the valves for the new Panama Canal locks. Hyundai signed a contract with Grupo Unidos por el Canal (GUPC), under which Hyundai will design, provide materials, build and install these components for the new locks. Seven Companies Prequalified for Metro Line 3Thursday, September 28, 2017 Of nine companies participating in the prequalification process, seven were authorized by Metro de Panama to participate in the international tender to build Line 3. From a statement issued by Metro de Panama: |
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