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

ICA

Related Content

  • Stonehenge Bypass approved in the UK
    November 13, 2020
    The UK Government has approved the construction of the Stonehenge Bypass.
    Read More
  • Plans moving forward for key Turkish highway
    October 11, 2013
    Plans are moving forward in Turkey for the construction of a new highway project. Mott MacDonald has been named lenders’ technical advisor by the IC Ictas-Astaldi (ICA) consortium for a 60km section of the Northern Marmara highway. This deal is significant and the stretch forms the first of a number of phases of the highway. The project is being delivered under a 10 year, US$2.5 billion public-private partnership (PPP).
    Read More
  • South Australia road widening project planned
    July 4, 2017
    The widening of a 10km stretch of road connecting Aldinga with Seaford in South Australia is being proposed. The project is expected to cost US$231 million (A$305 million) and will see the Main South Rd from Aldinga to Seaford being doubled.
    Read More
  • Pūhoi-to-Warkworth motorway project
    September 25, 2020
    After a hiatus because of the COVID-19 lockdown, work has restarted on what will be one of New Zealand’s most visually impressive motorways. Andrew Thackwray, senior manager for project delivery for Waka Kotahi, the New Zealand Transport Agency, explains
    Read More

Highlighted Content