Panamanian Government awards Eurofinsa the construction of a women’s prison

Madrid,6 April 2017.- Panama’s Government has awarded IBT GROUP, a Company pertaining to the Spanish Eurofinsa Group specialized in infrastructures and civil works, the contract for the design, construction and equipping of a new prison facility located in Pacora District, east of Panama City’s metropolitan area.

This 20-month project budgeted at 27.6 million dollars will be built on a 15-hectar tract. IBT Group scored 94.58 /100 points to be awarded this contract, its nearly perfect score on the five aspects emphasized by the project evaluation Committee being outstanding.

This new Prison Facility will have a capacity to house 732 inmates, their physical and psychological well-being being the main criteria in its design. The facility will have different rehabilitation and social reinsertion areas, including services such as a chapel, auditorium, mother-and-child living facility, living facilities of different security levels, a building for female guard living quarters, a clinic, school, University and playing courts.

Eurofinsa will maintain the investment in aspects including the use of energy-saving measures and environmental technology advancements in the field of energy and CO2 emissions, water cycle, ecology and biodiversity, community and local environment.

The revamping of Panama’s prison system requires a functional, modern facility being built fully complying with the standards of a prison facility for improving the living conditions of its inmates. This aspect has been a top priority in the project the IBT Group submitted to the Panamanian authorities.

About Eurofinsa

Eurofinsa,, is a group of companies that specialize in the development of public works and the implementation of construction and equipment projects for public institutions. Eurofinsa provides integral solutions ranging from the engineering, studies, design and construction to the sale, delivery and installation of equipment with the subsequent training, maintenance and operation.

More than 40 years of experience worldwide in the construction field guarantee Eurofinsa’s reliability and know-how, enabling it to provide the highest standards of quality in each one of its projects and contribute the development and progress by respecting the environment within a framework of constant innovation.

Headquartered in Madrid, Eurofinsa has subsidiaries in Miami and Paris, in addition to permanent local offices in 31 countries spanning every continent worldwide. The Group’s workforce totals more than 4.868 employees.