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

  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.
  • Expanding the Panamericana Oestae Highway in Panama
    November 3, 2023
    Expansion of the Panamericana Oeste highway is an infrastructure project that will help guarantee the future of Panama - Mauro Nogarin writes
  • Brazil facing road concession changes
    March 22, 2012
    The Brazilian authorities are looking to renegotiate contracts for a series of state road concessions that were auctioned up to 15 years ago. The intention is to improve the roads while cutting the rate of return for the concession holders, with controls on tariff rates to restrict price increases for users.
  • New bridges underway for Panama Canal
    October 13, 2015
    Panama is working on projects to construct two new bridge crossings over the Panama Canal. According to the Panama Canal Authority (ACP), work is progressing well on the project to build the third bridge over the Canal. The project is costing around US$570 million, of which USD 382mn have been already allocated. The bridge is due for completion in 2017. Meanwhile Panama's Ministry of Public Works (MOP) is opening the tender process to build select the project manager for the project to build the fourth brid