Panama cruise port will be 2 years late, cost millions more
The Panama Maritime Authority (AMP) , has negotiated an addendum of $40.9 million in additional disbursements to the consortium that is building the Amador cruise port, which lift the cost from $165.7 million to $206.7 million.
The negotiation also entails an extension of time. The contractor originally had to complete the work in 540 calendar days; later, that was extended to 849 days and now, the consortium wants an additional 367 days.
If theextension is granted, the project would be delivered on September 30, 2022, that is, 1,216 days after (and not 540, stipulated in the original contract) of the order to proceed, issued on October 5, 2017.
The details of came to light on s Tuesday, October 6, after a resolution published in the Official Gazette reports La Prensa.
In the resolution, the board of directors authorizes the administrator to start negotiations with the Cruceros del Pacífico consortium. The resolution is signed by the administrator Noriel Araúz and the deputy administrator Ana Margarita Reyes. Araúz is also Minister for Maritime Affairs.
