The manager of Tocumen, SA (administrator of the international airport), Juan Carlos Pino, said that the tender for the South Terminal at Tocumen International Airport, Panama will be released in March, and the works are expected to cost $400 million.
The structure will be 50 thousand square meters big and will have 30 gates, reported Prensa.com.
The President (of Panama), Ricardo Martinelli said, that funds from Tocumen itself will be used to pay for the new extension. "The funds obtained from the award concessions for duty free free shops will be used for the south terminal building", said Martinelli.
Tocumen SA also has scheduled for this year the tender for the building of ‘airport city’.
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The new terminal will be ready in September and will increase airport capacity by 50%.
It will have 12 new boarding gates and will be designed to receive any type of aircraft.
"Once the expansion is operating, the Tocumen administration will begin the process of constructing the southern terminal, which would add about 20 additional gates," states the article in Prensa.com.
42 companies met yesterday with representatives of Tocumen SA for details of the works spanning 65,000 square meters and which have an estimated cost of $400 million.
The works comprise the construction of a main building, a third runway, a taxiway, a control tower and access areas to the North Terminal.
Once the North Terminal starts operations, the new Central and South Terminals will be built, containing hotels and hospitals for about $350 million.
The construction of new Central and South terminals aims to provide more space for passenger boarding.
"The new $350 million project involves commercial, hospital and tourism infrastructure, expected to be completed by 2014", reported Panamaamerica.com.
The technical proposals have finally been opened in the tender for the construction of a South Terminal at Tocumen International Airport, which will require an investment of $600 million.
The Brazilian company Norberto Odebrecht, Costa Rica's Meco, and Grupo Conalvías from Colombia, along with the China Harbour Engineering Company, were the four companies who submitted proposals for the required technical and financial proposals. A total of 33 companies were interested in bidding, participating in the approval process for the tender.