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

  • Colombia road plans for capital Bogota
    December 14, 2016
    Colombia’s capital Bogota looks set to gain from key road projects, with te country’s National Infrastructure Agency (ANI) unveiling detailed plans for upcoming works. Plans are being worked on for the widening of the 53km road linking Los Andes and Cajica with the construction of an extra lane. This is a US$$156.56 million project and will be funded by private sources. The pre-feasibility study for the Autopista Norte road extension has already passed the approval stage and this project will also be funded
    Read More
  • Colombia's roads to recovery
    February 8, 2012
    Colombia's Ministry of Transport is suggesting that the Avenida Longitudinal de Occidente (ALO) road project in Bogota should be carried out by Colombian energy company Empresa de Energia de Bogota (EEB).
    Read More
  • US$1.3 billion Chilean road tender delayed
    June 19, 2024
    The tender for a US$1.3 billion Chilean road project is being delayed.
    Read More
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More

Highlighted Content