The construction company Riga Services SA, rpresented by Ricardo Gardellini, became one of the largest contractors in government of Laurentino Nito Cortiz.
Riga services He stopped being a simple entrepreneur and jumped into the big league in a short period of time. Its accumulated government contracts as of 2020 already exceed $800 million, an issue that could cause alarm in the financial markets.
This is without adding contracts that have also been achieved in management Juan Carlos Varela, among them the Aguadulce baseball stadium.
Riga Services SA is today the main part of the consortium that was approved by the Social Security Fund (CSS) and the Cabinet Council to award the City of Health contract for about 500 million dollars.
He former President of the Republic Ricardo Martinelli, has questioned the management that CSS has given the City of Health. “The City hospital with equipment cost 508 million, now they are handing it over to the Riga service, there is no equipment, it will cost 400 million more.
“Where are the usual critics or authorities to see this despicable robbery that could have saved lives,” Martinelli said on his Twitter account.
Before that, CSS directly gave him a contract worth 23.7 million dollars for the adaptation of part of the facilities of the same city Health, the so-called Covid hospital.’
1. Bocas del Toro Sports City: $17.9 million
2. Mariano Rivera Stadium and Panama Oeste High Performance Center: $39.1 million
3. Changuinola Sports Villages: $8.9 million
4. El Festival del Banano sports complex in Changuinola: $5.5 million
5. Almirante Stadium in Bocas del Toro: $4.9 million
6. Alcalde Díaz Peripheral Market: $11.4 million
7. Nance Risco Health Center, Bocas del Toro: $2.2 million
8. Rehabilitation of production roads (Herrera, Coclé, Los Santos, Bocas del Toro and Veraguas: 5 million dollars.
9. CSS Hospital de Almirante in Bocas del Toro: $41.5 million
10. CSS Polyclinic Aguadulce: $17.9 million
11. CSS Penonomé Polyclinic: $23.2
12. Specialized Polyclinic CSS David: $21 million
13. CSS Basic Polyclinic of San Antonio: $21.9 million
14. CSS Workers’ Health Institute: $66.3 million
15. CSS Ciudad Hospitalaria: $523.7 million
In this management, within CSS, Riga services It also retained contracts for the Almirante Hospital, in Bocas del Toro, for $41.5 million, the awarding of contracts for the Aguadulce Polyclinic for $17.9 million, the Penonomé Polyclinic for $23.2 million, and the David’s Specialist Polyclinic for another $21 million . million dollars.
Adding to this pile of contracts at CSS, Gardellini’s construction company was awarded a $66.3 million contract for the San Antonio Primary Polyclinic and the Occupational Health Institute.
In total, this construction company has about 15 million dollars in contracts with the current government, and outside of HSS, Pandeportes is its biggest client. It is also pointed out that a large part of these contracts are for works in the province of Bocas del Toro.
Only in Pandeportes, within the administration Hector Brands, Riga Services SA She got five million worth of jobs, most of which was for the construction of the stadium.
This year, the construction of Bocas del Toro Sports City was obtained for 17.9 million dollars. It also has a construction contract Mariano Rivera Baseball Stadium and Panama Oeste Baseball High Performance Center for another 39.1 million dollars.
Riga Services also has the contract for the sports villages of Changuinola for $8.9 million and the construction of the El Festival de Banano sports complex, also in Changuinola, for $5.5 million.
In 2020 Riga services won the contract to build the Almirante stadium for 4.9 million dollars. All of these latest contracts within the constituency are controlled by PRD deputy Benicio Robinson.
In addition, the construction company has a contract to complete the CSS polyclinic in Penonomé for $23.2 million, the new Alcalde Díaz peripheral market for $11.4 million, the Nance Risco health center in Bocas del Toro for $2.2 million, the rehabilitation of production roads in Herrera, Coclé, Los Santos, Panamá Oeste, Colón, Bocas del Toro and Veraguas for $5 million.
Source: Panama America
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
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