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: Better Road Access to Amador NeededWednesday, November 23, 2016 Extending the coastal strip number 3 and building a cable car that connects Amador with Metro Line 1 are two of the options being considered to solve the problem of traffic congestion in the area. In this area plans scheduled for 2018 include the entry into operation of the Convention Center, which added to future cruise port to be built in Perico Island and the Museum of Biodiversity, also projected for 2018, will further complicate the traffic congestion that currently exists for people trying to access the Amador causeway. Awards: Roadworks for $123 millionMonday, January 18, 2016 In Guatemala the company Overseas Engineering & Construction has been awarded a contract to build the 27-kilometer stretch between Sanarate and El Rancho, on the CA-9 North highway. The Taiwanese company with multinational presence will be responsible for carrying out the work, after having submitted a financial offer for a total of $123,760,264 in the restricted international tender, announced on November 13, 2015. Amador Convention Center Construction Project ResumesMonday, February 22, 2016 Panama City has confirmed that work resumed on 15 February and China State Construction Engineering will provide the capital needed to complete the work, which will maintain its original cost of $193 million. The process of transferring the contract was completed by HPC CONTRATAS P & V for the consortium CCA-Cocige which resumed the construction of the convention center on 15 February, according to the head of the Tourism Authority, Gustavo Him. 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: Tender for Fourth Bridge Over Canal SuspendedThursday, July 5, 2018 Due to an appeal claim presented by the Astaldi - Daelim Consortium, the suspension has been ordered of the tender act for the design and construction of the fourth bridge over the Panama Canal, in which Chinese companies obtained the best rating. In the qualification process carried out by the tender board, the consortium formed by the companies China State Construction Engineering Corporation LTD and China Railway Group Limited, was the winner of the tender with an economic proposal of $1.42 billion and an overall score of 69,9%. 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. 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. Tender for Supervision in Amador ExtendedThursday, February 11, 2016 The companies interested in supervising the construction of the convention center in Amador, Panama, will have until February 18th to submit their proposals. The Tourism Authority of Panama (ATP) has granted the request made by the interested parties to extend the date of the tender for the design, construction, and equipping of the new center for conventions, exhibitions and events in Amador, which was originally scheduled for February 12, reported Prensa.com. The institution will receive the proposals on 18 February. 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. Chinese Investment in Port in Isla MargaritaTuesday, May 24, 2016 The Chinese Landbridge Group has acquired Panama Colon Container Port and will invest the $900 million required for the new terminal, whose construction will be the responsibility of the Chinese company CCCC. China Communications and Construction Company (CCCC) will oversee the construction of the new port project on Isla Margarita, in the Atlantic province of Colon. Guatemala: Road Construction DelayedTuesday, September 10, 2019 Because 46 right-of-way invasion conflicts were reported, the four-lane widening of the road from Sanarate to the Ranch will be completed by 2020. The extension of a 28-kilometre stretch of the Atlantic Route, which connects the country's capital with Puerto Santo Tomás de Castilla, faces multiple difficulties, since 125 cases of invasion of the right-of-way have been registered, of which 46 became conflicts and 10 were described as "critical." $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." |
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