The Panama Canal Authority plans to publish conditions for the tender in August, after participants have completed a pre qualification process and consultation period.
Today March 11th is the date of receipt of proposals from companies interested in the construction and concession of the port. In November , the ACP announced that eleven companies had expressed interest in the project. Now it is hoped there will be at least four proposals so that there is an adequate level of competition with which to proceed with the tender.
Laestrella.com.pa reports that “…After prequalification, the Port of Corozal’s implementation schedule shows there will be a publication of the tender conditions, which could occur in August, preceded by a consultation period and sufficient time for interested companies to submit their respective proposals. “
Regarding the project, “… the Executive Director of the Maritime Chamber of Panama, Luciano Fernandes, said the fact that thirteen companies, representing the largest operators of port terminals and who are subsidiaries of someo the largest shipping companies in the world, have show interest in the project means that there will be a return on investment “.
Here is a video of the area that is under consideration to be developed
https://vimeo.com/161178329
ACP is the most successful business in Panama. If they are not required to follow environmental, social and health requirements in order to build an expansion to the port, they are no better than any of the businesses that take shortcuts, steal, pay bribes and don’t do the necessary studies in order to do their business.
This project is an example of what goes on in Panama: lack of studies, under-preparation, not taking into consideration the bigger picture, trying to rush projects, ignoring the surrounding communities, and the development of the ‘non-developable areas’ left behind at the turn of the century.