Skip to main content

New bridges underway for Panama Canal

Panama is working on projects to construct two new bridge crossings over the Panama Canal. According to the Panama Canal Authority (ACP), work is progressing well on the project to build the third bridge over the Canal. The project is costing around US$570 million, of which USD 382mn have been already allocated. The bridge is due for completion in 2017. Meanwhile Panama's Ministry of Public Works (MOP) is opening the tender process to build select the project manager for the project to build the fourth brid
October 13, 2015 Read time: 1 min
Panama is working on projects to construct two new bridge crossings over the Panama Canal. According to the Panama Canal Authority (ACP), work is progressing well on the project to build the third bridge over the Canal. The project is costing around US$570 million, of which USD 382mn have been already allocated. The bridge is due for completion in 2017. Meanwhile Panama's Ministry of Public Works (MOP) is opening the tender process to build select the project manager for the project to build the fourth bridge over the Panama Canal. The contract involves qualified technical assistance services to ensure the project is developed to the necessary specifications. The proposals will be received until 30th November 2015.

Related Content

  • 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
  • Progress being made for key Chile mega projects
    February 22, 2016
    Progress is being made in Chile for two key mega projects, the Chacao Bridge and the El Melon Tunnel. Chile's Ministry of Public Works (MOP) has ordered the consortium working on the Chacao Bridge project to carry out additional studies. The consortium comprises Systra, OAS, Aas-Jakobsen and Hyundai and the project is worth US$511.45 million. The consortium has to respond to observations made by the MOP on the design proposal presented in August 2014. The works to build the bridge now look likely to continu
  • Interest is strong in Chile’s Chacao bridge project
    October 18, 2012
    Strong interest is being shown in the project to build the new Chacao Bridge in Chile. The country’s Ministry of Public Works has said that 41 companies have bought details of the terms and conditions for the tender to build the bridge. Around 70% of the firms interested come from outside Chile. The bridge will be located in Chiloe and is expected to cost in the region of US$740 million to construct. Chile’s Ministry of Public Works hopes that additional firms will purchase the tender details before the dea
  • Consortium designing Panama Canal crossing
    February 15, 2012
    The contract to design the third bridge spanning the Panama Canal will be carried out by Louis Berger and China Communications Construction.