Skip to main content

Panama plans new highway link

Panama's Government is giving its approval for changes to the contract for the second stage of the Madden-Colon highway.
February 9, 2012 Read time: 1 min
Panama's Government is giving its approval for changes to the contract for the second stage of the Madden-Colon highway. Under the new terms the concession holder Concesionaria Madden-Colon, a subsidiary of Brazilian contractor 1305 Odebrecht, has until 2012 to complete the 15km project. The work is expected to cost US$218.5 million.

For more information on companies in this article

Related Content

  • Panama plan
    February 13, 2012
    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.
  • Dragados among six in the running for fourth Panama bridge deal
    August 23, 2016
    All six consortia that submitted documents in May to design and build a fourth bridge over the Panama Canal have pre-qualified, according to media reports. The companies officially vying for the estimated US$1 billion contract are: • Dragados • Consorcio CCB: Constructora Norberto Odebrecht, Odebrecht Engenharia e Construcao International • Consorcio Hyundai, Sacyr JV • Consorcio Astaldi – Daelim • Consorcio Panamá Cuarto Puente: China Communications Contruction Company, China Harbour Engi
  • Panama’s turnkey contracts worth US$4.51bn signed since 2009
    December 11, 2013
    Turnkey contracts, including major transport projects, worth US$4.51 billion (EUR 3.28bn) have been signed under the current government administration in Panama since its election in 2009, it has been reported. The value of the turnkey contracts signed during President Ricardo Martinelli’s time as head of state includes US$1.09 billion allocated to five contracts to widen a 185km road section between Santiago de Veraguas and David to four lanes. The most expensive contract, worth US$ 1.64 billion, is for a
  • Brazil highway concessions in renegotiation
    October 25, 2017
    Two firms holding concessions for major highways in Brazil are asking the government for the terms to be renegotiated. Odebrecht Transport and Triunfo Participacoes e Investimentos are looking to join a new concession renegotiation scheme.