Icaza appoints Jeimy Lasso as new Associate
06/01/2026
Eduardo Flores, new member of APADETRA
30/01/2026Icaza advises on historic financing for Panamericana Este APP project
Icaza, González-Ruiz & Alemán acted as Panamanian legal counsel in the US$280 million financing of the Panamericana Este road project, the first Public-Private Partnership (PPP) scheme in Panama based on availability payments.
This transaction marked a milestone in national infrastructure, introducing an innovative financing structure and creating a new legal security framework under the PPP Law. In addition, a dual trust structure was implemented to ensure cash-flow control, risk mitigation, and compliance with international project finance standards.
The successful closing on December 17, 2025 sets a precedent for future PPP projects in Panama, strengthening investor confidence and the development of strategic infrastructure in the country. Icaza, González-Ruiz & Alemán continues to lead creative, high-impact legal solutions for complex projects, contributing to Panama’s growth and modernization.
Our partner Alfredo Fonseca Z. and our associate Alexandra Lasso M. were the attorneys who participated on behalf of IGRA in this transaction.
