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's planned projects
    February 17, 2012
    Panama's Government is investing heavily in infrastructure with plans for projects worth US$3.5 billion in hand and a further $1.5 billion expected to be announced within five years.
  • Major Mexican motorway plan in hand
    February 2, 2015
    The Mexican Government plans to invest some US$13.72 billion in all into 46 motorway construction projects. Work on these new routes will be carried out during the current administration. The new motorways come in addition to the 85 motorways operating in 2012, when the current administration entered office. So far 13 new motorways have been built with funds of close to $3.77 billion. The 1.4km Distribuidor Vial Palmira motorway was recently opened inaugurated while the 10 lane Cuernavaca beltway project ha
  • US$3.4 billion Peru PPP road partnership
    April 11, 2024
    A US$3.4 billion Peru PPP road partnership deal has been awarded for Lima.
  • Luanda corridor project for Angola
    April 17, 2015
    The new Luanda corridor project in Angola will receive funding worth in excess of US$216 million. Phase two of this project to build new corridors for public transportation in Luanda Province is due to commence shortly. The $14.1 million contract to supervise the project will be handled by DAR Angola. Meanwhile Brazilian construction firm Odebrecht has a $202.6 million contract to build the new transport corridors.