THE PANAMA MARITIME AUTHORITY ANNOUNCES THE TENDER FOR A PORT TERMINAL IN AGUADULCE.

The Panama Maritime Authority begins the tendering procedures for the construction of a multipurpose port terminal in the Port Aguadulce, in Coclé (Province). This project is part of the plan for the comprehensive maritime development, that is being implemented in Panama.

This port terminal will expand Panama’s capacity to deliver maritime services by creating a connection node with a significant impact on the transport network of the nation.

This project includes a development plan and a business model that will empower the agribusiness sector, by creating a center that generates value added to the cargo. Equally, the construction of this port aims to meet the need of a bulk terminal in the Pacific coast, which will reduce the costs of transporting this kind of items.

The project of the multipurpose terminal includes a section for containerized cargo, a zone for fuel storage, grain silos and warehouses for other kind of goods.

The target of this investment is the development of the central provinces of the country. However, in the long run, this project will benefit the whole country.

Through the transformation of Aguadulce into a port city, the Government of Panama honors its commitment. This transformation includes the renewal of its port infrastructure and the promotion of the system of cabotage. In line with the government plan promoted by this administration, the domestic producer will have access to cheaper and safer means of transportation.

These major constructions and tendering procedures imply complex engineering and operations; therefore, the Build-Operate-Transfer (BOT) contracts are the sort of contract that apply. In these contracts, the most important and predominant criteria for the evaluation are the experience and the financial standing of the companies participating in the tendering.

The estimated time for the concession, including the tendering, is 20 years. The completion of the first phase of the construction should take place by the end of the third year. The contractor ought to submit a proposal with a time line for the investment and the development. The monitoring and control of this timeline will ensure the effectiveness of the contract.

26 hectares of the current facilities of Puerto Aguadulce will be part of the tendered area. However, the environmental responsibility of the Panama Maritime Authority has excluded a natural reserve of 3 hectares of mangroves located within the port area. The tender documents determine a seabed area that the contractor can request in concession, if he considers that his proposal needs it for a more comprehensive development.
The Government of the Republic of Panama built the port of Aguadulce in 1923 in order to meet the requirements of the region, which needed a port infrastructure that allow the local producers to sell their products.

The Executive Decree No. 6 of April 14, 1976, of the National Port Authority established the port area of Aguadulce.

Currently, the Panama Maritime Authority operates and administers the port. The port provides its services in the area of Coclé and Azuero. Its main activity comprises bulk cargo and general cargo.

The port is located about 7 km from the Pacific coast, in the estuary of Palo Blanco (Parita Bay). A road of 5 km connects the port with the city.