The World Bank has approved a US$7.5 million loan to invest in technical assistance to strengthen Panama's public-private partnerships (PPP) program.
The PPP program aims to build the capacity of the Ministry of Public Works and other organizations to accelerate the readiness of the first PPPs in the context of economic recovery from the COVID-19 pandemic and other crises. The project implementation includes strengthening the planning capacity of the MOP and other organizations to identify PPPs and set priorities, develop an operational policy for the preparation, implementation and monitoring of PPPs and management tools and establish a fund for the preparation of PPP projects.
The project finances consulting and advisory services and supply of goods. The loan term for the PPP Development Support in Panama for the rehabilitation project is 10 years, of which 4.5 years is a grace period.
Country updates
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July 14, 2022
Panama launches plans for Pacora to Yaviza highway PPP
The Ministry of Public Works in Panama has announced plans to launch East Pan-American Highway (CPE) corridor's 246.2-kilometer long Pacora - Yaviza section. The works will be carried out in the...
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July 04, 2022
Millicom completes acquisition of Telecomunicaciones Digitales
Millicom has announced the closure of the transaction to acquire the remaining 20% interest in Telecomunicaciones Digitales, S.A. reflecting an exercise of the founders’ liquidity option as...
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June 08, 2022
Panama signs contract for 40 MW solar plant PPP project in David
The University of Panama (UP) has signed a concession contract with Greenwood Energy for the development of a 40 MW utility-scale solar plant in David, Panama. Greenwood Energy, a subsidiar...
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October 05, 2021
World Bank seeks consultants for road PPP in Panama
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)...
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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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