$370 million for duty free concessions at Tocumen

 
837Views 7Comments Posted 10/09/2017

TWO CONSORTIA,  one Panamanian and one  U.S. jointly presented  a $370 million  bid to win  a concession to operate  duty free  outlets at Tocumen International Airport  for 10 years .

They  are  he United States Duty Free Panama Panama LLC Consortium ,and the Attenza Duty Free Consortium of the Motta Group of Panama  and will have  2,197 square meters of commercial spaces in the current passenger terminal.

The opening of envelopes containing offers  was done on Thursday September 6 in the presence of four competing

Groups.

The current concession handled by Panamanian companies Waked International S.A. (Wisa) and Motta International expires  in December.



Comments 7

user
hardworkingcop

What a pleasant miracle that an American (therefore non-bribe paying entity) had a winning bid.

4 years ago
user
Garlicball

Gringo company? You are not only stupid but certified card-carring member of the low information group"Stupido, LLC, PA. Here, read this at your liesure: http://en.centralamericadata.com/en/article/home/New_Duty_Free_Operators_in_Tocumen

4 years ago
user
Garlicball

USA haters will always be negative regarding a possibility of a US owned and operated concession. I am shocked and very surprised a US company is bidding at all. I did a bit of searching and can expand on this abbreviated post. More on this topic: Four Offers for Duty Free Spaces in Tocumen August 2017 Alliance Duty Free, Consorcio Duty Free Américas Panamá LLC, Consorcio Attenza Duty Free and Consorcio Top Brands presented their offers to operate commercial premises in Terminal 1 of Tocumen International Airport. The management of the Panama City International Airport reported that the evaluation committee will review the proposals of each of the consortia, and will select two to be concessionaires of the 2,197 square meters of commercial space in the current terminal. More: "... Duty Free America was awarded two of the three blocks ... The company offered a monthly payment of $1.2 million for each block, while the Attenza Duty Free consortium, linked to Motta International, was left with the third block, with a payment of $675,884 a month. Prensa.com reports that "...Attenza was left with the third block after the European company Alliance Duty Free declined to match the maximum bid submitted by Duty Free America, which had offered $872,770. Tocumen's regulations establish that a single operator can control up to two blocks in the commercial area." (Source: Prensa.com)

4 years ago
user
RedNekTex

Yeah. It's sort of like the US that way, only more up front about it.

4 years ago
user
hardworkingcop

Gee, I wonder who's going to win. Will it be the Panamanian company or a gringo company that is forbidden by US Federal Law from paying bribes? Boy, this is a tough call. LOL.

4 years ago
user
hardworkingcop

You may be a newcomer here, as very little in this place is on the up and up.

4 years ago
user
Cindy

Well i hope the panamanian group gets it as it should stay in their own country if they are on the up and up

4 years ago
The comments are the responsibility of each author who freely expresses his opinion and not that of Newsroom Panama.
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