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

  • UK's M25 junction works planned
    May 25, 2022
    The UK government is planning two contracts on London’s orbital M25 motorway.
    Read More
  • Tanzania road development projects being planned
    March 24, 2017
    A series of major road projects are now being planned in Tanzania, with funding sources for much of the work having been identified and secured. The largest of these is being delivered with a World Bank loan worth US$425 million, which will help pay for transport improvements in Tanzania’s capital, Dar es Salaam.
    Read More
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More
  • VIDEO: Virginia approves Hampton Roads Bridge Tunnel expansion
    December 12, 2016
    The US state of Virginia has approved a US$4 billion project to expand the Hampton Roads Bridge Tunnel close to the city of Norfolk.

    The state has been looking at designs for the past 20 years to improve traffic flow in the area, according to a report in the Virginian-Pilot newspaper. Hampton Roads is a body of water making up one of the world's largest natural harbours. The existing structure is close to the US Navy's Atlantic Fleet home base at Norfolk.
    Read More

Highlighted Content