Panama road contract extension for construction firm

Contractor Constructora Meco has been awarded an extension to the package of works it is carrying out in Panama to upgrade the road running through Pedregal, Gonzalillo and Transistmica. The Costa Rican contractor was awarded the extension by Panama’s Ministry of Public Works (MOP). The work involves improvements to an 11km road section that will help improve traffic flow between the east and north of Panama City. The work was originally expected to cost US$97 million but has now increased to $127.8 million
June 8, 2018 Read time: 1 min

Contractor Constructora Meco has been awarded an extension to the package of works it is carrying out in Panama to upgrade the road running through Pedregal, Gonzalillo and Transistmica. The Costa Rican contractor was awarded the extension by Panama’s Ministry of Public Works (MOP). The work involves improvements to an 11km road section that will help improve traffic flow between the east and north of Panama City. The work was originally expected to cost US$97 million but has now increased to $127.8 million. A major factor in the increased pricetag has been the unexpectedly high compensation rates paid for the land.

Road Structures

Related Content

  • Cameroon’s massive road expansion and tolled highway
    November 29, 2024
    Cameroon has seen a massive road expansion and will benefit from a new tolled highway.
    Read More
  • Are road tolls the economic answer?
    November 12, 2012
    Tolling has been widely promoted as the answer to future road needs by many economists. The fundamental principle of a toll road is comparatively easy to understand: a driver wants to get from here to there and pays a small sum for the privilege. Drivers generally prefer to access roads without having to pay but the sums involved in toll roads tend to be comparatively low. For all but the most parsimonious, parting with a few coins to use a stretch of highway in good order is comparatively painless, made ev
    Read More
  • Safety barriers offer positive workzone protection
    February 10, 2012
    A road project in Utah has benefited from the use of effective barrier protection during construction. *Paul Grant reports An upgraded section of road from 3500 South in West Valley City, Utah, is now open to traffic. The link was completely rebuilt by Utah DoT (UDOT) from the Bangerter Highway to 2700 West, and the road carries traffic from West Valley toward downtown Salt Lake City and the University of Utah. The work added two centre lanes, which are now the first dedicated Bus Rapid Transit lanes in Uta
    Read More
  • Guatemala highway upgrade and widening project
    December 15, 2016
    Guatemala is opening the tender process to improve and widen the CA-2 Occidente highway connection between Cocales and Tecun Uman. The Ministry of Communications, Infrastructure and Housing (CIV) is handling the tender for the project. Cocales is located in Guatemala’s Suchitepequez region, while Tecun Uman is in San Marcos. The highway capacity upgrade has an estimated cost of US$397.2 million to carry out. However, the project has been the subject of some controversy as the Brazilian contractor Odebrec
    Read More

Highlighted Content