A $300,000 non-reimbursable technical cooperation agreement will fund preliminary studies and master planning for the first phase of the Panama cultural park at Amador, officials announced September 30 at the Biomuseo.
The deal, signed between CAF-Development Bank of Latin America and the Caribbean and Fundación Amador, names Panama’s Ministry of Culture as the beneficiary. The funding covers terrain surveys, building assessments, tree and soil inventories, plus market analysis of potential park users.
CAF y la Fundación Amador destinarán $300 mil en cooperación técnica para planificar el futuro Parque de Amador. Los recursos permitirán elaborar estudios, el Plan Maestro y los diseños de la primera fase del proyecto alrededor del Biomuseo. pic.twitter.com/wQbAA6BFkY
— Hispania Informa (@HispaniaInfo) October 1, 2026
Panama Cultural Park Master Plan Components
The technical studies will produce a comprehensive Master Plan defining the project’s vision, spatial uses, environmental and heritage conservation criteria, execution phases, and governance structure. The plan also includes preliminary designs, construction budgets, and blueprints for the park’s initial stage.
Fundación Amador will oversee execution of the planned actions while the Ministry of Culture receives the cooperation funds. A resource mobilization strategy and financing mechanisms are also part of the agreement.
The scope extends to a long-term management, operation, and maintenance model aimed at ensuring the park remains sustainable after construction.
Institutional Support and Strategic Vision
Jaime Holguín, CAF’s representative in Panama, said the cooperation establishes a roadmap for development, financing, and project management with technical criteria and institutional coordination built in.
Liza Henríquez, president of Fundación Amador, noted CAF has supported the Biomuseo since 2013 and this new agreement broadens the project’s impact across economy, tourism, education, and culture.
“We want this park to be a place for us to come together as a society” [Translated from Spanish]
said Minister of Culture María Eugenia Herrera, who emphasized the connection between environment and culture. She framed the park as a gathering space for families and new generations where biodiversity, history, art, and national cultural expressions converge.
Next Steps for the Amador Project
The first phase delivers the technical tools needed to define the park’s integrated development and set a clear path for future interventions. Officials positioned the studies as foundational work that will guide physical construction and operational planning.
The Amador area already hosts the Biomuseo, designed by Frank Gehry, making the park a natural extension of the cultural corridor along Panama City’s Pacific entrance. The project aims to convert the area into a public space blending nature, education, and recreation.
With the cooperation agreement now active, the technical surveys and market studies are expected to begin immediately, followed by the Master Plan’s completion and the mobilization of construction financing for the park’s first phase.