Skip to main content

Panama plans

In Panama the highway operator ENA is looking for funding for work to key road stretches on the North and South corridors. The work is expected to cost US$260 million. The work will include a new 10km stretch as part of Phase II of the Brisas del Golf - 24 Diciembre road at a cost of $114 million. The construction work will be carried out by Mexican firm Ingenieros Civiles Asociados (ICA), which will receive $52 million from the Fiduciary Fund for Development. The rest is still to be sourced. Various soluti
June 18, 2012 Read time: 2 mins
In Panama the highway operator ENA is looking for funding for work to key road stretches on the North and South corridors. The work is expected to cost US$260 million. The work will include a new 10km stretch as part of Phase II of the Brisas del Golf - 24 Diciembre road at a cost of $114 million. The construction work will be carried out by Mexican firm Ingenieros Civiles Asociados (2765 ICA), which will receive $52 million from the Fiduciary Fund for Development. The rest is still to be sourced. Various solutions are being investigated by the Panama Government. But the decision to commence the road building without having the necessary funds has been a source of controversy. Further work for this project includes increasing the number of lanes on the South Corridor from three to six and is expected to cost $146 million.

For more information on companies in this article

Related Content

  • Texas highway contract awarded to Ferrovial
    April 16, 2021
    A key Texas highway contract has been awarded to Ferrovial and its subsidiary.
  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
  • $1 billion Bengaluru road tunnel
    June 25, 2025
    A $1 billion Bengaluru road tunnel project is planned.
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.