$280 million price tag for Panama Canal bridge

A third bridge crossing the Panama Canal could cost up to US$280 million according to the initial parameters set out in the tender for the project's construction.
March 5, 2012 Read time: 1 min
A third bridge crossing the Panama Canal could cost up to US$280 million according to the initial parameters set out in the tender for the project's construction.

The 5km cable-stayed crossing will have two lanes in each direction and sit 75m above the water level at the Atlantic Ocean end of the canal.

The ACP canal authority has also ruled out the possible construction of a tunnel under the canal.

The tender is set to be published in early 2012.
Road Structures

Related Content

  • New bridges underway for Panama Canal
    October 13, 2015
    Panama is working on projects to construct two new bridge crossings over the Panama Canal. According to the Panama Canal Authority (ACP), work is progressing well on the project to build the third bridge over the Canal. The project is costing around US$570 million, of which USD 382mn have been already allocated. The bridge is due for completion in 2017. Meanwhile Panama's Ministry of Public Works (MOP) is opening the tender process to build select the project manager for the project to build the fourth brid
    Read More
  • Bidders announced for Panama project
    June 18, 2012
    The consortium made up of Acciona Infraestructuras and Tradeco from Spain and Mexico and the consortium made up of Odebrecht and Hyundai Joint Venture from Brazil and South Korea plus Vinci Construction Grands Projets from France have pre-quali ed in the tender for the construction of a new bridge at the Atlantic side of the Panama Canal. The second stage of the selection process will involve the client Panama Canal Authority (ACP) sending the contract terms and conditions to bidders. The 75m high and 4.6k
    Read More
  • Consortium designing Panama Canal crossing
    February 15, 2012
    The contract to design the third bridge spanning the Panama Canal will be carried out by Louis Berger and China Communications Construction.
    Read More
  • 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.
    Read More

Highlighted Content