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24/09/2026Project Finance Category: Pan-American Highway East Rehabilitation
Icaza, González-Ruiz & Alemán has been nominated in the Project Finance category of the IFLR Americas Awards 2026 for its role in the Pan-American Highway East Rehabilitation Project, one of the transactions highlighted by the International Financial Law Review (IFLR). The awards recognize transactions that stand out for their innovation, legal complexity and impact on the region’s financial markets.
The Pan-American Highway East Rehabilitation Project
The Pan-American Highway East Rehabilitation Project is among the transactions under consideration in the Project Finance category of the IFLR Americas Awards 2026. In this transaction, Icaza, González-Ruiz & Alemán worked alongside other law firms advising on an initiative focused on infrastructure development and financing. Partner Alfredo Fonseca and associate Alexandra Lasso represented Icaza, González-Ruiz & Alemán in the transaction.
The project stood out for its financing structure and as the first public-private partnership (PPP) in Panama based on availability payments. The transaction involved US$281 million in financing and marked a milestone for infrastructure development under international standards in the country.
Each year, the IFLR Americas Awards recognize some of the most significant transactions and legal teams in the Americas, taking into account factors such as the innovation and legal complexity of the deals under review.
The nomination of this project in the Project Finance category underscores the importance of innovative financing models for the development of strategic infrastructure and the strengthening of investment in the region.
