The objective is to determine what part of the 325 hectares incorporated into the Airport will be dedicated to the City Airport project.

A Master Plan will determine which areas will be maintained as part of the administration of Tocumen Airport and which will be given in concession or sale, with a view to the development of Airport City project. The international tender will be convened by the International Civil Aviation Organization (ICAO) and the specifications will be published in the coming days, reported Prensa.com. The tender is scheduled for the first half of the year, and the award for the third quarter of this year.

See also: Processing of Environmental Permit for Multi Million Dollar Project

The proposal must define the use to be given to the 325 hectares that were purchased from the University of Panama for $109 million. Also needed is a decision on the feasibility of hiring a master developer to assume all the investment project and then be responsible for its development.

See also: Tocumen: Tender for Design of City Airport.