The cost of the expansion of Tocumen International Airport could increase to $900 million, well above the price agreed upon in the contract signed between the government of Ricardo Martinelli and the Brazilian construction company Noberto Odebrecht.
The company has asked for an addendum to the contract of $84 million. That money will be used to build a pedestrian bridge connecting the new terminal with the existing one and to improve the baggage handling system
Tocumen Manager Joseph Fidanque III said that the bridge is necessary and improving the baggage handling system will make the project more functional.
Yesterday, during a tour of the project, Comptroller Federico Humbert stressed that he will closely examine the request. He must approve any changes to the contract.
The project is 64 percent complete and is already $121 million over the original budget. That is because the original plans have been expanded, driving up the cost of the work.
It is expected to be completed in 2017, and will double the capacity of the airport.