Skip to main content

Panama plans projects

Panama City will benefit from four road contracts worth a total of US$112.4 million awarded to deal with transport upgrades.
February 10, 2012 Read time: 1 min
Panama City will benefit from four road contracts worth a total of US$112.4 million awarded to deal with transport upgrades. A Colombian contractor 1336 Conalvias will construct new viaducts over Avendia de Los Martires and Avenida La Amistad, in deals worth US$29.3 million and $20.5 million respectively. The Panama-based contractor 2543 Transcaribe Trading will transform the transport infrastructure of Tocumen in a deal worth $35.9 million. Contractor 1334 MCM Global Consorcio Intersecciones will handle bridge project over Avenida Omar Torrijos and Constructora Meco worth $22.5 million and $24.7 million respectively. The work is being carried out for the 1337 Panamanian Ministry Of Public Works (MOP) and is due for completion in the first half of 2012.

Related Content

  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
  • Costa Rica road construction plan
    June 3, 2019
    Costa Rica’s Ministry of Public Works and Transports (MOPT) is planning 110 road improvement projects, with a total cost of US$144 million. Construction will start on the first 14 of these in July 2019, with the work being carried out by the contractor MECO. Funding for the work is being provided by the Inter-American Development Bank (IADB) in the shape of a loan. The tender processes for a further 10 projects are commencing, with tenders for an additional 18 projects due to commence in July 2019.
  • Four Angola road contracts awarded
    February 8, 2017
    Four road construction and repair contracts have been awarded in Angola by its road agency, Instituto Nacional de Estradas de Angola (INEA). The prUSojects are all being carried out in the area around capital Luanda. The largest project will be carried out by Mota Engil. This is a $192 million package of works to upgrade the Via Expressa/Camama/Avenida Pedro de Castro Van-Dúnem Loy route. Portuguese contractor Telhabel Construcoes will carry out the $79.72 million project to improve access in the Boavista d
  • Despite earlier contractor issues, road projects in Bosnia are proceeding on track
    May 16, 2012
    Key road construction projects are now moving forward in Bosnia with work on-track for the Sarajevo ringroad as well as the Corridor Vc highway. Construction of a 130km section of the Corridor Vc highway should be complete by 2014 according to Bosnia's Ministry of Transport and Telecoms. Work on the first section of the Sarajevo ringroad should be completed within five months, following the signing of an agreement worth €17 million between the Austrian firm Strabag and the Bosnian company HP Investing. The