Tocumen International Airport Modernization
Project Type
Project Preparation
Sector
Transport
Country/Region
Panama
Implementing Partners
Development Bank of Latin America and the Caribbean
Financing Type
N/A
Total Financing
USD3,150,000
Project Description
The MCDF grant will help define investment and financing plans for modernizing Panama Tocumen International Airport to accommodate rising transit demand.
The activities to be financed by the grant include due diligence on technical, operational, commercial, and environmental and social safeguard issues.
Alignment with MCDF Core Values
Tocumen International Airport is a major regional aviation hub, with long-standing transit links to North and South America, Asia, Europe, and the Caribbean. The MCDF grant will ensure that the feasibility study for the airport’s modernization covers key due diligence areas and meets International Financial Institution standards.