China mulls bids in Panama logistics tenders
China, which has been expanding its involvement in transportation ventures around the world from railways in Africa to road and rail links from is industrial centers across Asia to Europe is now looking at major developments in Panama.
Two consortia bidding for the construction of Metro Line 3 have Chinese participants ,and now China state-owned enterprises have expressed interest in developing land around the Panama Canal once a US fiefdom.
The Panama Canal Authority will officially open a tender to develop about 1,200 hectares of land – roughly the size of 1,200 football fields – around the waterway by the end of the year in a logistics park, which has reached the end of a five years decontamination project says the authority.
Source: Newsroom Panama