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.
Road Structures

Related Content

  • Serbia upgrading infrastructure
    March 16, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci.
    Read More
  • Colombia: two proposals to build Santana-Mocoa-Neiva motorway
    May 7, 2015
    The Colombian Vice President, German Vargas Lleras, has announced that two proposals have been received to build the Santana-Mocoa-Neiva motorway. This road has a budget of US$627.22 million is one of the nine initiatives the National Infrastructure Agency (ANI) has included in the second wave of 4G motorway projects. The two companies interested in carrying out the work are Concesionaria Vias del Desarrollo 4 and Infraestructura Vial para Colombia. Concesionaria Vias del Desarrollo 4 consists of C
    Read More
  • Cost increases for major Chilean highway project
    November 15, 2013
    The cost of Chile’s Vespucio Oriente highway project is increasing, while its completion also looks set to be delayed. A 13% budget increase is now required due to additional costs from a number of factors such as urban landscaping, according to Business News Americas. The Américo Vespucio Oriente (AVO) expressway is being built in Chilean capital Santiago and was originally expected to cost in the region of US$940 million. However Chile’s Public Works Ministry, MOP, has said that the route will now cost so
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More

Highlighted Content