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

  • Regensburg road revamp will widen key stretch
    February 14, 2018
    Work is now commencing on widening a stretch of the A3 Autobahn where it passes through the Bavarian city of Regensburg. The 15km section of the A3 will be widened from its present two lanes to three lanes. The project is costing €270 million and will be carried out on the section from the junction between the A3 and B8 at Rosenhof to the east of Regensburg and running 15km westwards, past the junction with the A93 Autobahn route that connects with the A9 and Munich to the south. This work is needed as the
    Read More
  • Regensburg road revamp will widen key stretch
    February 14, 2018
    Work is now commencing on widening a stretch of the A3 Autobahn where it passes through the Bavarian city of Regensburg. The 15km section of the A3 will be widened from its present two lanes to three lanes. The project is costing €270 million and will be carried out on the section from the junction between the A3 and B8 at Rosenhof to the east of Regensburg and running 15km westwards, past the junction with the A93 Autobahn route that connects with the A9 and Munich to the south. This work is needed as the
    Read More
  • PPP for Ecuador highway project
    May 11, 2018
    A 162km stretch of Ecuador’s highway route 40 is to be upgraded, improving the road’s safety and capacity. The section of highway being improved includes the stretch that links the town of Santa Elena, which lies on the Pacific Coast, with the city of Guayaquil, on the Guayas River. The contract now includes work to 30km more of the highway than was originally planned. The contractor Verdu is to carry out the PPP deal, which is expected to be worth US$231 million over the 20-year concession period.
    Read More
  • Key new highway connections for Chile
    October 1, 2012
    In Chile the authorities are working on plans to improve transport links between capital Santiago and the nearby port of Valparaiso. The Chilean Ministry of Public Works intends to widen the existing Route 68, the main road connecting the Metropolitan and Valparaiso regions. The project will increase the road's capacity by at least 30%. Spanish contractor Abertis will work on the expansion, which includes includes the construction of a third tunnel in Lo Prado. The tunnel should improve traffic flow around
    Read More

Highlighted Content