Chinese Consortium Bags USD 1.4bln Panama Bridge Project


News from Panama

The government of Panama gave a US$1.4 billion contract to build a bridge over the Panama Canal to Panama Cuarto Puente, a Chinese consortium. Panama Cuarto Puente consortium or so-called Panama Fourth Bridge Consortium,  composed of China Communications Construction Company (CCCC) and its unit China Harbour Engineering Company (CHEC), will design and build a bridge […]

December 10, 2018

Panama could soon become China’s gateway to Latin America thanks to an imminent free trade agreement


News from Panama

Since Panama established diplomatic relations with China in June 2017, the two countries have developed an incredibly strong relationship. Only geostrategic sensitivities relating to the trade war between China and the US have prevented the two countries from announcing the conclusion (in record time) of a bilateral free trade agreement. But it is now a […]

December 10, 2018

Odebrecht to Expand Metro Line 2


News from Panama

Together with FCC Construction, the controversial Brazilian construction company won the contract to design and build the branch of Line 2 of the Panama Metro, which will connect the future ITSE with the Tocumen international airport. inShare On November 27th, the award resolution was published, which consists of design engineering services, construction of civil works, […]

December 3, 2018

Construction Awaits Better Times


News from Panama

Expanding to $150.000 the range of homes with preferential interest and guaranteeing real estate leasing are two of the changes that could boost a recovery of activity in Panama. Construction in the country has reported a downward trend in recent years, however, representatives of the Panamanian Chamber of Construction (CAPAC) expect that with the arrival […]

December 3, 2018

Suspension Lifted on Metro Tender


News from Panama

After having stopped the process because of an action proposed by one of the participating consortiums, the authorities decided to lift the suspension of the tender for the design and construction of the branch that will connect the future ITSE with the international airport of Tocumen. The tender was suspended at the beginning of November […]

December 3, 2018