Works Underway in Panama's "Ciudad del Saber"Friday, February 11, 2011 $ 12 million are being invested in expansion works at Ciudad del Saber. The project includes construction of a shopping mall and a sleeping area for students. Panama: Negotiations for Sale of Heavy Equipment CompanyWednesday, September 7, 2011 The Ecuadorian company Importadora Industrial Agrícola is negotiating the purchase of Cardoze & Lindo, Panama's leading provider of heavy equipment to the construction sector. The general manager of Cardoze & Lindo, Jorge Cardozo, told Prensa.com that negotiations for the sale of shares by the distributor of the Caterpillar brand in Panama, could be finalized by the end of September. Panama Invites Bids for Congress BuildingMonday, March 22, 2010 The bidding rules for building a new $18 million building for the Legislative Assembly will be published on March 24. This facility is an annex to the current seat of the Assembly, “Palacio Justo Arosemena”. Panamanian Hospital Bidding Moves ForwardThursday, March 25, 2010 54 companies are participating in the first step of the process to bid for designing and building 5 hospitals in the country. They come from Spain, Venezuela, Italy, Brazil and Panama. Panamanian Metro Bidding Pushed BackMonday, March 29, 2010 Originally scheduled for Wednesday, the call to bids was pushed back, as the disqualified consortiums presented further statements to try to ‘convince’ the commission to include them in the process. The Metro Secretary announced that they could now publish the bidding rules in mid April. Japan Wants to Invest in PanamaMonday, January 18, 2010 The Japanese Foreign Relations minister stated his country's interest in investing in 4 infrastructure projects. At a meeting of the chancellors of Japan and Central America, the minister listed the projects: the first metro line, the bay cleanup project, the widening of the Canal and the Panama-Colon Highway. Panama to Build $70 Million Hospital in ColonMonday, January 25, 2010 Franklin Vergara, Panamanian Health minister, announced the construction of a $70 million hospital in Colon. It will be built in lots already owned by the Social Insurance Institute. 70 Companies Interested in Panamanian MetroMonday, February 8, 2010 The Metro Secretary has not ruled out creating consortiums by grouping companies. A similar situation occurred when the PCA put out to tender the third set of locks of the Panama Canal Expansion. $8 Million for Dredging Rivers in PanamaTuesday, February 9, 2010 The ministry of Public Works will spend $8 million to dredge 23 rivers across the country. These projects include renting the required machinery and equipment. Caterpillar Starts Building Training CenterTuesday, June 29, 2010 The multinational corporation started the construction of a 100 hectare training center at Panama Pacífico. The center is expected to be ready on the first quarter of 2011. Activity Drops 25% in Panamanian ShipyardsTuesday, November 10, 2009 Shipyard industry, comprising building and repairing vessels, has dropped 25%. 6 shipyards operate in Panama: "Bayano", located in Puerto Coquira; "Juan Díaz", in Juan Díaz, "Nacional", in Vacamonte; "Braswell International" in Balboa, "Veracruz International", in Veracruz and "Industriales de Monte Esperanza", operated by the Industrial Division of the Panama Canal Authority, located in Colón, reported Prensa.com. Panama: New Bus Terminal in ColónWednesday, December 2, 2009 The Government is planning the construction of a new bus terminal in Colón, in the Atlantic coastline. The announcement was made by Governor Pedro Ríos, who explained that the terminal would be joined by a plan to modernize public transportation. Panama: New Tender for City GovernmentWednesday, February 9, 2011 By declaring as void the contract call for design of the City Government, the Government of Panama will launch a new tender. Determined by the evaluation committee, none of the three companies which submitted bids, F. G. Guardia y Asociados, Consorcio Ciudad Gubernamental Proyecto Arnaiz, and Omniconsult, managed to meet the minimum requirements set out in the terms and conditions of the project. Canal Locks Construction at 10%Thursday, February 10, 2011 The construction of the new set of locks is 10% completed. The announcement was made by Antonio Zaffaroni, director of United Group Channel Consortium, the project developer. Panama: $ 2 Million for Atlapa Convention CenterMonday, February 21, 2011 Given the delay in construction of the new convention center, the government will invest in remodeling Atlapa. A commission was formed by the Tourism Authority, the Panamanian Chamber of Tourism and the Panamanian Association of Hotels which will study the case and give recommendations on the work needed, estimated to cost about $ 2 million. |
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