Panama plan

Work is due to start shortly to connect the Avenida Balboa and Avenida de los Poetas roads in Panama. The deal is worth close to US$777 million and includes work on the third phase of the Cinca Costera road.
February 13, 2012 Read time: 1 min
Work is due to start shortly to connect the Avenida Balboa and Avenida de los Poetas roads in Panama. The deal is worth close to US$777 million and includes work on the third phase of the Cinca Costera road. The contract was awarded by the 1337 Panamanian Ministry Of Public Works to Brazilian construction company 1305 Odebrecht. The new link will form part of a series of road redevelopment and improvement projects in Panama city aimed at improving traffic and the capital's road network. Odebrecht will also carry out road work in Panama's Old Quarter and Historic Centre.

For more information on companies in this article

Related Content

  • Qatar reveals plans for US$12.36bn infrastructure projects
    January 16, 2014
    The Government of Qatar is reportedly near to agreeing deals for delivering a number of vital road transport and other infrastructure projects worth a combined US$12.36 billion (QAR 45 billion). Seven major expressways, other road development and repair projects, and key sewage infrastructure works make up the planned projects’ package. The expressway projects will have a combined road length of 900km, subways, flyovers and 240 major interchanges. In addition, the expressway projects will also include a h
    Read More
  • Panama highway project sees costs climbing
    June 7, 2017
    The cost of a highway project in Panama has increased significantly since the work was first awarded. Much of the higher price for the work is due to the installation of additional safety measures.
    Read More
  • MOP in Panama plans US$700mn road tender for mid-2013
    January 24, 2013
    The Ministry of Public Works (MOP) in Panama will put the rehabilitation and expansion of the 208km Santiago de Veraguas-David road out to tender in mid-2013. The works, part of which will create a larger four-lane highway, have been calculated to cost around US$ 700 million. Since 2009, President Ricardo Martinelli has contracted turn-key projects worth $3.4 billion.
    Read More
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More

Highlighted Content