Skip to main content

New road links will improve connections in Panama’s capital Colon

A series of road improvements are planned for Panama’s capital Colon that are intended to boost connectivity and cut congestion. The US$163.2 million package of works has been approved by Panama's National Economic Council (CENA). Of the sum budgeted, $127 million will be for the construction work while $35 million will be required for property expropriations. The road works form part of a contract the Panama Government is signing with Concesionaria Madden-Colon.
October 30, 2012 Read time: 1 min
A series of road improvements are planned for Panama’s capital Colon that are intended to boost connectivity and cut congestion. The US$163.2 million package of works has been approved by Panama's National Economic Council (CENA). Of the sum budgeted, $127 million will be for the construction work while $35 million will be required for property expropriations. The road works form part of a contract the Panama Government is signing with Concesionaria Madden-Colon.

Related Content

  • A new tolled highway brings change for Austin, Texas
    February 10, 2020
    A new highway section in Austin, Texas marks a major departure for the southern US city
  • Has the promised investment happened?
    July 10, 2012
    At the end of 2008 and the start of 2009, the world's banking system spiralled into crisis, triggered by a series of catastrophic blunders caused by bankers trying to create money from nothing. The result was to plunge the world's economy rapidly into recession. Having proved in effect that lead cannot be turned into gold, the bankers retired on fat pensions leaving governments to pledge huge sums to the banks and fill in the financial gaps.
  • Key Chilean connections
    November 27, 2012
    Strong interest is being shown in the construction sector in Chile for the project to build the Chacao Bridge. The tender process is due to open in the first half of 2013 and a large number of contractors, over 30, have already acquired terms and conditions of the works package. The construction project is expected to cost US$740 million. Bidding is expected to close in early 2014 and the winner will be selected and the contract awarded. Work should start in 2015 and the completion date will be in 2019. A
  • Capital city ring road for Costa Rica
    September 23, 2020
    Costa Rica’s capital city ring road is under construction.