The International Finance Corporation (IFC), is in discussions with the Government of Panama, to engage IFC as the lead advisor to structure and implement a private sector participation project (PSP) to improve road transport infrastructure in the country.
The PPP project involves the rehabilitation, operation and maintenance of a 246 km road between Pacora and Yaviza. The road is also known as the East Pan-American Road. In total, the World Bank is looking for the following three consultants:
- The Environmental and Social (E&S) consultant to assist IFC with all E&S aspects of the transaction;
- The Communications Consultant to assist IFC with all Communication aspects of the transaction;
- The Technical Consultant to assist with all Technical aspects of the transaction from the beginning of the mandate until the successful award of the project.
The deadline to submit responses for E&S and Communication consultants is October 07, 2021. More information can be found here.
The deadline for Technical consultancy is October 14, 2021. More information about this business opportunity is here.
Country updates
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September 22, 2021
Panama approves Paso Canoas to Piedra Candela road concession
Ministry of Public Works in Panama has approved the Paso Canoas - Río Sereno - Piedra Candela road concession in the province of Chiriquí. The road project will have a total length...
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September 20, 2021
Panama held meeting with interested companies for El Llano-Puerto Cartí road project
The Ministry of Public Works (MOP) of Panama has carried out a virtual meeting with 12 interested construction companies for the development of the El Llano-Puerto Cartí Highway project. The au...
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September 20, 2021
Details emerged about USD240 million road PPP project in Panama
The Ministry of Public Works (MOP) of Panama has met with transport and agricultural leaders in order to provide the details about the Pacora-Yaviza road PPP project.
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August 10, 2021
Contract awarded for Balboa Shipyard project in Panama
The Astilleros Puerto Balboa SA (Astibal) consortium was awarded the concession contract for the operation of the Balboa shipyard, with an offer of US$14.4 million. The concession period will be 20 ye...
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June 10, 2020
RFEOI launched seeking legal consultant to structure transport sector PPP in Panama
The World Bank Group has launched a request for expression interest (RFEOI) seeking to select a legal consultant to support the public-private partnership transaction advisory services unit of the Int...
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