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

  • Argentina seeking road funding opportunities
    October 10, 2018
    Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
  • Kenya-Tanzania link road designed
    May 19, 2017
    Design work has been completed for a key stretch of the highway that will provide a new link between Kenya and Tanzania. The plans for the 210km section in Kenya between Malindi in Kilifi County and Lunga Lunga in Kwale County have been completed. This stretch will form part of the Lamu-Dar es Salaam highway from Kenya to Tanzania. The Kenyan Government is now sourcing funding for the project and hopes to obtain the necessary financing packages from the World Bank and the African Development Bank. The proj
  • Stonehenge tunnel preferred bidder announced
    May 27, 2022
    The preferred bidder has been announced for the UK’s Stonehenge tunnel.
  • New highway works planned for India
    February 10, 2025
    Major new highway works are planned for India.