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

  • Colombian deals
    February 7, 2012
    The Colombian authorities are agreeing terms with the Colombian electricity transmission company Interconexion Electrica (ISA) for the Autopistas de la Montana highway project. The Bogota-Villavicencio highway was also awarded although other infrastructure projects are still awaiting approval.
    Read More
  • New tunnel between Argentina and Chile proves strong attraction for contractors
    November 27, 2013
    Interest is strong in the project to build the 14km tunnel link between Chile and Argentina, with reports stating that 23 firms having expressed an interest in the work. The twin tube tunnel will connect Argentina’s San Juan Province with Chile’s Coquimbo Province (Region IV) and will be constructed in the Andes Mountains. The Agua Negra project is set to cost somewhere in the range from US$800 million to $1 billion, although the exact price of the project has yet to be determined. Some 72% of the link will
    Read More
  • Paraguay-Brazil bridge project
    September 15, 2022
    A new Paraguay-Brazil bridge project is under construction.
    Read More
  • New road links will improve connections in Panama’s capital Colon
    October 30, 2012
    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.
    Read More

Highlighted Content