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

  • Projects planned for Colombia’s highway connections
    March 10, 2014
    From Colombia comes news of a US$13.4 billion funding package that will be directed towards the construction of nine highway projects. This package of works includes construction and concessions for a series of highways, which will be carried out under the PPP model. These include the Conexión Norte, Autopista al Río Magdalena 1, Autopista al Río Magdalena 2, Autopista al Mar 1 and Autopista al Mar 2. They also include the Autopista Conexión Pacífico 1, Autopista Conexión Pacífico 2 and Autopista Conexión P
  • São Paulo calls US$1.6bn Tamoios highway PPP
    March 24, 2014
    Brazil's São Paulo state is due to call a tender by March 28 2014 to concession its Tamoios highway, a government official is reported to have told regional media. "Governor Geraldo Alckmin will be officially announcing the launch of the tender next week [Mar 24-28]," the official said last week without giving further details. Budgeted at US$1.61 billion (BRL 3.74 billion), the concession involves operating and maintaining the Planalto and Serra stretches of the Tamoios highway, also known as SP-99, which
  • Guatemala highway upgrade and widening project
    December 15, 2016
    Guatemala is opening the tender process to improve and widen the CA-2 Occidente highway connection between Cocales and Tecun Uman. The Ministry of Communications, Infrastructure and Housing (CIV) is handling the tender for the project. Cocales is located in Guatemala’s Suchitepequez region, while Tecun Uman is in San Marcos. The highway capacity upgrade has an estimated cost of US$397.2 million to carry out. However, the project has been the subject of some controversy as the Brazilian contractor Odebrec
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl