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Development of Reverted Areas

This program will support Panama's efforts to attract private investments in the Region Interoceanica, which encompasses the Canal Zone. With these resources, a fund will be established whose administration will be in charge of the Autoridad of the Region Interoceanica. The fund will also be used to finance legal services and other specialized services in order to advise the Autoridad about the preparation of documents containing the latest advancements in concessions and transactions to conclude the privatization of properties whose transfer to Panama is foreseen for 1996 and 1997. Some of the properties include the Espinar Base, Telfers Island, Hospital Gorgas, and Port Amador.

Project Detail



Project Number


Approval Date

September 25, 1996

Project Status


Project Type

Technical Cooperation





Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code




Facility Type


Environmental Classification


Total Cost

USD 700,000.00

Country Counterpart Financing

USD 100,000.00

Original Amount Approved

USD 600,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/MT-5354-PN Non-Sovereign Guaranteed USD - United States Dollar Technical Cooperation Facility Nonreimbursable
Operation Number ATN/MT-5354-PN
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Technical Cooperation Facility
  • Financial Instrument: Nonreimbursable

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Implementation Phase
Donors Memorandum
Development of Reverted Areas with Private Sector Participation [461260].PDF
Dec. 31, 1999
Donors Memorandum
Desarrollo de zonas revertidas con la participación del sector privado [461262].PDF
Dec. 31, 1999

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