CLH Aviación will supply fuel to five Panama airports and manage their storage facilities after being awarded the tender, organised by the Panama Government.
Among other airports, the company will manage the International Airport of Tocumen, which services the Panamanian capital and is considered one of the most important in the continent.
The fuel supply contract will also cover the future Terminal 2 at Tocumen, which is estimated to start operations in 2018, and to four airports located inland: Scarlett Martínez, Enrique Jiménez de Colón, Panamá Pacífico and Enrique Malek.
It will also manage the storage facilities at the five airports under a concession scheme for a period of ten years and will also build a new service station in the terminal at Tocumen airport.
This marks the start of the CLH Group's fourth international operation.
José Luis López de Silanes, chairman of the CLH Group, says: 'This transaction represents a boost for the company's internationalisation process and it enables us to be present in the American continent and, from there, to explore new business opportunities in that market, after the projects we are undertaking in Europe and Asia.'
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