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IBT of Miami wins $21 million contract to build school in Panama

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MIAMI - eTradeWire -- IBT of Miami submitted the winning bid for a $21 million contract to build a school in Panama that will serve students in preschool through high school. The Panamanian government evaluation commission awarded IBT the highest possible points for its bid on the project.

"We are excited to build this school, which will benefit the people in the community of Ernesto Cordova Campos in the Panama District of Panama. IBT has a successful history of building public works projects in Panama and is prepared to make the school happen on time and on budget," said Daniel Toledano, managing director and chief operating officer of IBT.

IBT will build a structure consisting of 66 classrooms, a library, laboratories, gymnasium and other sports areas, including a mini soccer field, and administrative offices. With a branch office in Panama City and specialized in infrastructure construction, IBT has built and equipped several hospitals in Panama. In addition, the company operates 16 hemodialysis treatment centers around the country that it built and equipped.

The school, referred to as the Integral Training Center Corredor de los Pobres, will benefit an area with a population of 60,000. It will be situated on the Paseo Panamá Norte in the Ernesto Cordova Campos suburb about 10 miles north of downtown Panama City. It is scheduled to be completed in October 2020.

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IBT is a business group specialized in the development of public works, implementation of construction projects and equipment for public institutions. Its solutions are comprehensive and range from engineering, studies, design and construction; to the sale, delivery and installation of equipment with its subsequent training, maintenance and operation.

More than 30 years of global experience in the construction world supports the solidity and technical knowledge of IBT, allowing the company to offer the highest quality standards for each project, contribute to development and progress, and respect the environment in a framework of constant innovation. Its headquarters is in Miami in addition to permanent local offices on four continents. The group's staff comprises more than 4,500 employees. For more information, visit www.ibtgroup.com.

Media Contact
Melissa Lichtenheld
Wragg & Casas Strategic Communications
mlichtenheld@wraggcasas.com
305-372-1234


Source: IBT of Miami
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Filed Under: Construction

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