Panama bridge project report released

A report has been released regarding the project to build the fourth bridge spanning the Panama Canal. The report concerns the awarding of the design and construction contract and reveals that there may be an increase in building costs over original estimates due to geotechnical requirements. The report also says that such large capital projects should be split into two, one covering feasibility studies and design work and the second for construction and maintenance. The bridge project is being handled by t
October 14, 2019 Read time: 1 min

A report has been released regarding the project to build the fourth bridge spanning the Panama Canal. The report concerns the awarding of the design and construction contract and reveals that there may be an increase in building costs over original estimates due to geotechnical requirements. The report also says that such large capital projects should be split into two, one covering feasibility studies and design work and the second for construction and maintenance. The bridge project is being handled by the Panama Cuarto Puente consortium, comprising China Communications Construction Company (CCCC) and China Harbour Engineering Company (CHEC). The original estimates predicted the construction cost at some US$1.5 billion.

Road Structures

Related Content

  • Panama projects are now restarting
    September 15, 2020
    Projects for Panama are now beginning to restart.
    Read More
  • New Panama bridge project due
    April 4, 2019
    Construction work for the fourth bridge crossing over the Panama Canal is expected to commence in late 2019. The project is costing US$1.42 billion and the new bridge will be built by a Chinese contracting consortium comprising China Harbour Engineering Company (CHEC) and China Communications Construction Company (CCCC). The 6.5km bridge will feature three lanes in either direction, as well as two light rail tracks.
    Read More
  • Dragados among six in the running for fourth Panama bridge deal
    August 23, 2016
    All six consortia that submitted documents in May to design and build a fourth bridge over the Panama Canal have pre-qualified, according to media reports. The companies officially vying for the estimated US$1 billion contract are: • Dragados • Consorcio CCB: Constructora Norberto Odebrecht, Odebrecht Engenharia e Construcao International • Consorcio Hyundai, Sacyr JV • Consorcio Astaldi – Daelim • Consorcio Panamá Cuarto Puente: China Communications Contruction Company, China Harbour Engi
    Read More
  • Consorcio Panama Cuarto Puente wins fourth Panama bridge contract
    August 1, 2018
    Panama has decided to award a contract for the design and construction of a fourth bridge over the Panama Canal to Consorcio Panama Cuarto Puente. China Communications Construction Company and its subsidiary China Harbour Engineering Company are heading up the consortium for the US$1.42 billion project. Other consortia that put in bids included Dragados Sucursal Panamá and Astaldi-Daelim. News agencies report that the government initially chose the Chinese consortium in June but the final award was
    Read More

Highlighted Content