Large Chinese Construction Company Sets Up in PanamaWednesday, May 20, 2015 China Construction America, a subsidiary of China State Construction Corporation Limited Engineering, will be running projects for the fourth bridge over the Canal, and urban renewal of Colon. The Chinese company, which operates both in construction and in real estate, has thirty years of experience in these sectors, with operations currently running in New York, Washington DC, North Carolina, South Carolina, Louisiana, Florida, California, and other states in the US. Panama: Project Management of Convention CenterWednesday, February 3, 2016 Ten companies are interested in managing the construction of the convention center in Amador. The companies involved are A.C.I. Proyectos S.A.S., EA Panamá, Ayesa, Manhattan Construction Group, SGS Panamá Control Services, The Louis Berger Group, Cemosa, Proyeco Panamá, Consorcio Glag and Consorcio Urbano, who are competing for the project management of the design, construction, and equipment the new center for conventions, exhibitions and events in Amador. 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: Little Transparency in Public Construction WorksThursday, May 2, 2013 Recommendations have been made to Guatemala to update and modify the legal framework for state contracts and disclosure on public works, something that is not done officially. These recommendations were made in the third report on transparency in the Construction Sector by the World Bank (Cost). The study notes that there is opacity in the delivery of information about buildings, as there was a reduction from 65% to 54% in key information on 17 projects covered by the research conducted in 2011. $111 Million Awarded for UrbanizationThursday, December 13, 2018 Ingenieria Rec, S.A. was awarded the urban renewal project "Altos de Los Lagos - Second Stage," which consists of the construction of 1,620 homes on a 23-hectare site. On December 12th, the contract for the urban renewal project of the City of Colon was published in the portal PanamaCompra, which includes a second phase located on a polygon of about 23 Hectares, in Los Lagos sector, Cristóbal neighborhood, Colón District, Province of Colón and which will be called "Altos de Los Lagos Project - Second Stage." Endorsement of Contract to Finish Convention CenterTuesday, February 2, 2016 China Construction America and Construcciones Civiles Generales will have two years to complete construction of the Convention Center in Amador, which has been on hold for 13 months. The two representatives (one Asian and one Panamanian, in that order) will resume construction of the Convention Center of Amador, which is 35% complete and has been on hold since December 2014. Lack of Planning and Design in Public WorksTuesday, November 27, 2012 The Guatemalan Association of Construction Contractors has pointed to a weaknesses in procurements by the state. According to an article in S21.com.gt "... the president of the Guatemalan Association of Construction Contractors (AGCC), Alvaro Mayorga, ... said that while government institutions meet important requirements to make the projects transparent, because they don’t have a planning and design office, the projects lack of quality and their costs are too high". 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%. $66 Million Tender for Road Work PostponedFriday, October 26, 2018 The submission of proposals for the design and construction of a vehicular walkway and road interchange on the Cabuya roundabout in the province of Panama was postponed until November 30th. The Ministry of Public Works decided to change from October 30th to November 30th, the deadline to receive proposals for the road work with a reference value of $66.0570.156. 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: 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. Controversy Over $218 Million Road ProjectThursday, January 31, 2019 After PowerChina in Costa Rica won the contract to expand a section of highway in Guanacaste, one of the participating consortia appealed the results, arguing that the requirements had been modified in the tender. The road work awarded to PowerChina in 2018 consists of a total of 50 kilometers, distributed in two tenders, one for the San Gerardo-Limonal section and the other for the Barranca-San Gerardo section. 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: Panama-David Train: A $4.1 Billion ProjectMonday, March 18, 2019 The rail transport system that would cover a 390 km distance and whose construction would last six years, contemplates in the future a possible expansion towards the border with Costa Rica. China Railway Design Corporation worked with several Panamanian companies that supported the economic, geotechnical, soil, capacity and demand analyses of the Panama-David train feasibility study. 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. |
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