Green light for public-private partnerships in Panama
President of Panama has approved the law that creates the Public-Private Partnership regime in Panama.
According to the law, the companies that delinquent in paying fines for breach of contracts will have limitations to participate in public concession model.
The period of validity of PPP contracts was established for a period of 30 years extendable for an additional time of ten years. In addition, state capital banks may only finance up to 25% of the total works contracted through the PPP system.
Country updates
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January 22, 2018
The Ministry of Health of Panama selected Aqualias proposal for the development of the wastewater treatment project together with the Guaymas desalination plant in Mexico
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June 18, 2017
Panama Canal Authority plans to re-launch the project
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March 09, 2017
Panama Canal cancels Corozal port tender
The Panama Canal Authority (ACP) has declared the procurement of a port terminal null and void.
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October 13, 2016
Panama Canal Issues Request for Proposals for Corozal Container Terminal
The Panama Canal Authority (ACP) has issued a Request For Proposals (RFP) to the four pre-qualified port operators selected to compete for the concession to design, develop, finance, construct, operat...
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August 29, 2016
Aguadulce Port Operation Started in Colombia
Sociedad Puerto Industrial Aguadulce(SPIA) has started operations on the Aguadulce Port in Colombia. The terminal is located on the Aguadulce Peninsula, which is across the channel from the...
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