US companies take fresh look at Panama state projects

 
1,735Views 1Comments Posted 08/08/2019

 

Construction companies in the United States, which for years have steered clear of Panama government projects as bribery allegations have clouded bidding processes are among those interested in bidding for a contract to build a power transmission line from Colon to Panama.

The project is tendered by state-owned Etesa ( Empresa de Transmission Eléctrica, SA .), With a reference price of $98.5 million. The presentation of offers was set for November 7. The Brazilian Odebrecht company which was the center of  Latin America’s biggest bribery scandal and Asian and European construction  giants are among   is among those interested in building the line,