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

  • US$19.4 billion for Thailand’s transport development
    February 15, 2024
    A US$19.4 billion plan is being set for Thailand’s transport development programme.
    Read More
  • Road tender process opening in Israel
    April 24, 2012
    The Israel National Roads Company has published the tender documents for the upgrading of road No 4 between Ashdod port and the Greater Tel Aviv region. The project involved widening the road by adding a third lane in both directions between Ashdod and Rishon LeZion.
    Read More
  • State-of-the art road tunnels in construction and use of ITS
    April 25, 2013
    A wealth of major road tunnel construction projects and significant cant ITS installations within existing key road tunnels have been recently completed or will soon be underway. Guy Woodford examines some of them. A state-of-the art Tunnel Boring Machine (TBM) - the 10th largest ever to be built worldwide will be put to work later this year on New Zealand Transport Agency’s landmark Waterview Connection project in Auckland. The giant Herrenknecht-manufactured machine will be used to construct the twin 2.5
    Read More
  • Portuguese firm wins contracts in Angola and Brazil
    July 19, 2016
    A series of major road projects will be carried out by Portuguese contractor Mota Engil in Angola and Brazil. In all the work is worth in excess of US$419 million. The company is building a 10km section of the Via Expressa around capital Luanda, as well as upgrading another key route in the city. Luanda’s population has grown significantly in recent years and many existing roads are now proving unable to cope with demand.
    Read More

Highlighted Content