ICA-MECO is Awarded Oil Dock in Costa RicaThursday, August 4, 2011 The consortium will have 26 months to develop the oil dock project at Moin, at a cost of $96 million. The Costa Rican Petroleum Refinery has awarded the construction and commissioning of the new oil dock to the consortium ICA - MECO, made up of the companies Ingenieros Civiles Asociados de CV and Constructora Meco S.A. Panama: Change of Contractor for Convention CenterWednesday, February 18, 2015 The work in Amador has been paralyzed since January, and the Tourism Authority is assessing whether to terminate the contract with HPC-Contrata-P&V, and award it to Ingenieros Civiles y Asociados. The time limit for resumption of work ended on January 31, therefore, HPC-Contrata-P&V, S.A. is currently negotiating with Ingenieros Civiles y Asociados (ICA) who have expressed interest in continuing the construction work. Call for Tender for Extension of South CorridorFriday, November 22, 2013 The Panamanian Association of Business Executives has joined other unions in criticizing the direct extension of the contract with Mexico's ICA. Fernando Aramburu, president of the Panamanian Association of Business Executives (APEDA) regrets that the contract signed by the Government with the company Ingenieros Civiles y Asociados Asociados (ICA) does not give more options to the National Highway Company (ENA). Virtual Winner for Convention CenterTuesday, September 25, 2012 The consortium HPC-Contrata-P&V obtained a technical score of 66 points, compared to 46 and 41 of ICA and Odebrecht, offering to build the Convention Center in Panama for $194 million. The long awaited opening of envelopes containing the financial proposals of the bidders in the tender for the construction of the Convention Center on the Amador Causeway, in the capital of Panama, has finally taken place. ICA to Widen Road in Panama CityTuesday, April 12, 2011 The project includes the design and construction needed to improve 12.3km of the "Avenida Domingo Díaz" road as part of the city's highway upgrades program. A consortium headed by ICA's civil construction division has signed a fixed price construct worth approximately $238 million with Panama's ministry of public works to rebuild and widen the main highway running through the center of Panama City, called Avenida Domingo Díaz. Panama: Changes to Widening of Southern CorridorTuesday, April 28, 2015 Filling in of the maritime seabed which had been planned to be carried out in front of Atlapa will no longer be done and an evaluation is being made of the construction of a viaduct leading up to the coastal strip, widening the road to four lanes from Costa del Este to Punta Pacifica. The new design of the road will change the real estate landscape of the area, not only because now there will not be land fills in front of Atlapa, where it was expected that apartment blocks were to be built, but because new opportunities for development in the area will be generated. Examples are real estate projects being developed in Santa Maria and the industrial parks of Costa del Este. Panama Buys $700 Million Highway ContractsFriday, March 26, 2010 The Government purchased the Southern Corridor highway, operated by ICA, and 51% of the Northern Corridor, operated by PYCSA. $420 million were spent to purchase the South Corridor from Mexican corporation Ingeniero Civiles & Asociados (ICA), and $280 million were paid for 51% of the North Corridor, owned by Proyectos y Construcciones S.A. (PYCSA). Panama: Extension to South Corridor to Cost $509 millionTuesday, December 3, 2013 The company in charge of the environmental impact study has provided the estimated costs of the work, which could be completed in four years. The company Ingenieros Civiles Asociados (ICA) has submitted to the National Environmental Authority (ANAM by its initials in Spanish) the environmental impact assessment (EIA) for the work, which according to the document will consist of four components. Latest Failure of Convention Center AuctionWednesday, November 13, 2013 It has now been announced that ATLAPA will be sold directly in early 2014 for $62 million, equivalent to 50% of its total value, which is estimated at $124.5 million. As established by the Public Procurement Act, after three failed attempts the 55,000 m² site of the convention center will be sold directly for half of its value. Panama Canal Strike EndsWednesday, July 30, 2014 Workers have accepted the wage proposal made by the ICA-FCC-MECO consortium and resumed excavating the last stretch of the access channel to the Pacific. After almost a week of work stoppage in the last stretch of riverbed on the access channel through the Pacific, workers agreed to resume work after negotiating a series of agreements with the consortium made up of the Mexican Ingenieros Civiles Asociados, the Spanish Fomento de Construcciones y Contratas and the Costa Rican firm Meco. Competitors in Hospital TenderMonday, September 16, 2013 The clarification meeting for the tender for the construction of the Panama Children's Hospital was attended by 24 companies. Prensa.com reports that "Among the companies interested in the contract are Constructora Norberto Odebrecht, FCC Construcciones, Constructora Meco, Ingenieros Civiles y Asociados (ICA), who have won contracts worth millions in this administration" ... and "the firm Mallol & Mallol Arquitectos". Canal Expansion: Another Contractor Demands $44 millionTuesday, January 28, 2014 The group in charge of the construction of the fourth tranche accessing the Pacific has asked for arbitration over its demand for an additional $44 million as well as more time. The Panama Canal Authority (ACP) received 6 complaints from Fomento de Contratas y Construcciones (FCC), the Mexican company ICA and the Costa Rican Construction company MECO, who were awarded the contract for the last access tranche to the the Pacific linking to the third set of locks with the Corte Culebra. Panama Raises $395 million with BondsFriday, August 19, 2011 The National Highway Company (ENA in Spanish) has issued certificates on the stock exchange in order to raise funds for the South Corridor for the company ICA. Using debt bonds, with one series placed on the international market and another in the local market, the ENA was able to raise $225 million in the local market at a rate of 5.25% and $170 million in the international market at 5.75%. The Oil Dock at MoinTuesday, May 22, 2012 The Costa Rican Oil Refinery has given the order to start works to the consortium ICA-MECO (ICA Ingenieros Civiles Asociados de C.V-Constructora Meco S.A). A statement from the Costa Rican Oil Refinery (RECOPE) reads: Postponment of Prequalification for State Administrative CenterWednesday, March 18, 2015 An extension has been given, until April 20, to the deadline to prequalify for construction in a PPP model, for the Administrative Center of the State of Guatemala, a project which is estimated at $200 million. The companies requesting an extension in the delivery of proposals for the first construction tender using the public-private partnership model are the Israeli Solel Boneh International Holdings AG and the Mexican Civil Engineers Asociados, SA de CV (ICA). |
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