A bill proposes to allow municipalities to grant concessions to private companies to build and manage public parking lots in buildings or underground.

From a statement issued by the National Assembly of Panama:

With the aim of promoting the construction of public parking lots that meet the requirements of drivers, so that they can safely leave their vehicles when going to work or running errands, a proposal for that purpose was approved on its first reading by the commissioners of municipal affairs.

Bill 63, introduced by Deputy Ivan Picota, seeks to pass a framework law for private enterprise to build parking lot buildings or underground parking lots and empower municipalities to be participants in the solution in their respective cities.