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

  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
  • Brazil's risky road business?
    March 1, 2012
    Questions are being asked in Brazil over the terms and conditions set on the tender for Rodoanel, a ring-road around Sao Paulo.
  • FCC Corredor de las Playas wins Panama Inter-American Highway deal
    November 21, 2017
    The consortium FCC Corredor de las Playas I has won the contract to widen the first section of the Inter-American Highway. FCC Corredor de las Playas I consists of FCC Construcción and CICSA – the infrastructures and construction division of the Grupo Carso. The Inter-American Highway will be widened along nearly 38km to six lanes between La Chorrera and Santa Cruz in the province of Panama Oeste in Panama at a cost of around US$543 million, according to the consortium. The project includes enlarging the
  • Tunnel contract for Bosnian highway
    December 17, 2012
    Turkish company Cengiz Insaat has reportedly been awarded the €115 million contract for the construction of the Suhodol-Tarcin motorway in Bosnia. The works, which will be done in cooperation with Bosnian company Euroasfalt, will include two tunnels. One of them will be 400m long, while the other will be 2.5km. Works are expected to be completed by 2014. Meanwhile, bids are now being offered for a major highway project in Bosnia. This follows the opening of the tender process for the project by Bosnian high