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

  • Expansion of the Panama Canal
    February 24, 2012
    In Panama, a ten-year US$5 billion project is underway to double the capacity of the Panama Canal Since its completion in 1914 the Panama canal has allowed shipping to cross the 80km wide isthmus at the narrowest part of the Americas. Belgian company Dredging International's D'Artagnan, a self-propelled heavy-duty cutter suction dredger, arrived at the canal, and the latest addition to the Panama Canal Authority's (ACP) expansion dredging fleet then made its way to the Pacific entrance, where it will expa
    Read More
  • Bidders announced for Panama project
    June 18, 2012
    The consortium made up of Acciona Infraestructuras and Tradeco from Spain and Mexico and the consortium made up of Odebrecht and Hyundai Joint Venture from Brazil and South Korea plus Vinci Construction Grands Projets from France have pre-quali ed in the tender for the construction of a new bridge at the Atlantic side of the Panama Canal. The second stage of the selection process will involve the client Panama Canal Authority (ACP) sending the contract terms and conditions to bidders. The 75m high and 4.6k
    Read More
  • Germany tunnel and bridge projects being discussed
    February 27, 2018
    Projects to improve historic tunnel and bridge links are now progressing in Germany after some delays. These are for the refurbishment of the old Elbe Tunnel in Hamburg and a bridge upgrade in Cologne. Stretching some 426m, the Old Elbe Tunnel runs from the St Pauli area on the north of the River Elbe to the port area in the south. Opened in 1911 the twin tube tunnel is of historic value, even though its importance for vehicle traffic is now comparatively minor following the opening of a new road tunnel in
    Read More
  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
    Read More

Highlighted Content