Chinese Consortium to Design Bridge Over CanalFriday, June 3, 2011 At a price of $4.6 million the consortium China Communications Construction Company / Louis Berger Group will design the third bridge over the Panama Canal. The consortium will have a period of approximately 11 months to complete the design. The tender for construction could be carried out between June and July 2012. Bids Submitted for Canal Bridge DesignWednesday, May 11, 2011 The consortium China Communications Construction Company / Louis Berger Group submitted the lowest bid ($4.6 million) for the final design of the bridge over the Atlantic. Also participating in the bidding were TYPSA Principia ($ 4.9 million), URS Holdings ($ 6.1million), Columbus JVB Bridge ($ 7.2 million), ARUPB ($ 8.5 million) and Ty Lin International ($ 9.6 million). Panama Plans More Logistics DevelopmentTuesday, March 28, 2017 The Panama Canal Authority expects to tender at the end of the year several logistics projects to be developed in 1,200 hectares of land in the canal zone. The goal of the Panama Canal Authority is to generate value-added services around the extended canal, and according to the head the institution, Jorge Luis Quijano, several state companies from China have already expressed interest in participating in the development of these projects, which could be estimated at $1 billion and would be developed over a period of five to seven years. Fourth Bridge over the Canal ApprovedMonday, November 12, 2018 Two years after the publication of the tender, the Varela administration and the Panama Fourth Bridge Consortium signed the contract for the design and construction of the Fourth Bridge over the Panama Canal. From the statement of the Ministry of Public Works: Who Wants to Build Line 3 of the Panama Metro?Friday, June 2, 2017 Nine consortiums from China, Italy, South Korea, Spain, Brazil and Portugal want to be prequalified to design and build Line 3, which has $2.6 billion in financing. From a statement issued by Metro de Panama: The Offers to Build a Bridge Over the CanalFriday, June 29, 2018 Between $1.211 billion and $1.813 million is the range of proposals submitted by companies interested in designing and building the fourth bridge over the Panama Canal. Of the four pre-qualified companies, Dragados Sucursal Panamá S.A., chose not to present their proposal at the event convened by the institution. Chinese to Build Bridge Over the CanalMonday, July 2, 2018 After two proposals were disqualified and another participant withdrew, the consortium formed by two Chinese state construction companies won the tender to design and build the fourth bridge over the Panama Canal. After Dragados Sucursal Panama, the company that had obtained the best qualification decided to withdraw from the contest, the road was paved for the consortium made up of the companies China State Construction Engineering Corporation LTD and China Railway Group Limited, to win the contest with a economic proposal of $1.42 billion and a score of 69,9%. Chinese Construction Company Accused of FraudWednesday, March 4, 2015 China Harbour Engineering Company, one of the bidders in the tender for Line 2 of the Panama Metro and a contractor for road works in Costa Rica, is ineligible to participate in projects financed by the World Bank. Given the criticisms over its main involvement (60%) in one of the consortia which submitted bids for the construction of the Panama Metro Line 2, a spokesperson for China Harbour Engineering Company (CHEC) Latin America argued that ".. 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). 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: Another Obstacle to the Fourth Bridge over the CanalFriday, August 23, 2019 The National Assembly created a commission to investigate the public contracting process by which the Panama Fourth Bridge Consortium was awarded the contract for the design and construction of the fourth bridge. After multiple delays in the tender process, the Varela administration and the Panama Cuarto Puente Consortium, made up of China Communications Construction Company LTD and China Harbour Engineering Company LTD, signed the contract for the work in question in November 2018. 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: Metro Line 3: Offers PostponedThursday, March 21, 2019 April 2 is the new date set for the submission of proposals for the design and construction of Line 3 of the Panama Metro, which will reach Ciudad del Futuro in Arraijan. However, because Metro de Panamá S.A. is publishing specifications and the companies have requested more time to adapt their proposals, it has been decided to postpone the delivery of the documentation for the second time. $1 Billion Port Works BeginsThursday, June 8, 2017 China Landbridge Group has started construction of the Panama-Colon container port in Isla Margarita, Panama, which will be capable of servicing Neo Panamax vessels. From a statement issued by the Presidency of Panama: Award of Contract to Build Bridge Over Canal RatifiedMonday, July 30, 2018 After several appeals were filed in the tender to build a fourth bridge over the Panama Canal, confirmation has been given to the award of the contract to the Panama Cuarto Puente consortium, made up of Chinese companies. The General Directorate of Public Procurement confirmed that the performance of the Ministry of Public Works during the adjudication process was correct, and ratified the decisions taken in the process of awarding the work. |
|