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.
Finance & Funding Road Structures

Related Content

  • US$73 million Francis Scott Bridge replacement contract
    September 3, 2024
    Kiewit has been awarded a US$73 million Francis Scott Bridge replacement contract.
    Read More
  • Qatar to spend up to $100 billion on road and rail networks before FIFA World Cup
    February 29, 2012
    According to Business Monitor International (BMI), Qatar is expected to spend US$80-100 billion over the next five years to prepare and deliver the infrastructure required to support the huge influx of visitors forecast to attend the 2022 FIFA World Cup.
    Read More
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin
    Read More
  • New Panama bridge project due
    April 4, 2019
    Construction work for the fourth bridge crossing over the Panama Canal is expected to commence in late 2019. The project is costing US$1.42 billion and the new bridge will be built by a Chinese contracting consortium comprising China Harbour Engineering Company (CHEC) and China Communications Construction Company (CCCC). The 6.5km bridge will feature three lanes in either direction, as well as two light rail tracks.
    Read More

Highlighted Content