$594 million Port in Colon


News from Panama

Panama Colon Container Port has submitted an Environmental Impact Study to build a port terminal in Isla Margarita, Cristobal, province of Colon. Panama Colon Container Port Inc. presented the Environmental Impact Assessment (EIA) for the construction of a container port in the area comprising the sector Margarita Bay in the village of Cristobal, district and province […]

November 20, 2016

Panama: Ultimatum Issued to Colombia Over Tariffs


News from Panama

The South American country has until 22 January 2017 to implement the recommendations and rulings established by the Dispute Settlement Body of the WTO. The announcement of the WTO comes after Colombia announced the replacement of the controversial mixed tariff by a threshold of $10 / kg for clothing and between $6 and $10 per […]

November 20, 2016

Tender: Social Housing for $36 million


News from Panama

The Ministry of Housing in Panama is putting out to tender construction of 2,000 affordable housing units in the Comarch of Ngäbe Bugle. Panama Government Purchase 2016-0-14-0-12-LV-011225: “Supply of materials, labor, equipment and management for construction of one thousand (1,000) social housing units under the ‘Roofs of Hope’ program in the Comarch of Ngäbe Bugle, […]

November 20, 2016

Panama: Connection of Metro Line 2 with Tocumen


News from Panama

The Metro will have an elevated station in front of Tocumen International Airport, near the point where terminals 1 and 2 connect, with an estimated cost of $30 million. Carmen Carrizo de Pages, vice president of Planning and Strategy at Tocumen International Airport, explained that “…the station will feature elevators and escalators [for people] to […]

November 20, 2016

Panama: Automotive Fleet – November 2016


News from Panama

They are 1.2 million vehicles in circulation in the country, of which 75% were registered in the provinces of Panama and Panama West. From a report by the Traffic and Transportation Authority of Panama: The auto fleet in Panama stands at 1,221,999 registered vehicles, according to the National Single Registry of Motor Vehicles (RUVM) at […]

November 20, 2016

Experts who quit Panama panel produce their own report


News from Panama

   Michael Hudson at The International Consortium of Investigative Journalists wrote this piece about a new report that these two experts wrote independent of Panama’s committee. Ending the kinds of offshore abuses revealed by the Panama Papers scandal requires a global solution led by the United States and Europe, a report released today by Nobel […]

November 20, 2016