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China mulls bids in Panama logistics tenders

Wednesday, June 7, 2017

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