$10.4 Million for Panama's Coastal Belt

The Legislative Assembly's Budget Commission green-lighted an additional credit for building the second phase of the project known as 'Cinta Costera'.

Wednesday, September 23, 2009

A total of $52 million are needed to complete the second phase of this initiative, which will run from "the Shellfish Market to 'Plaza 2 de Enero' on East 9th Street in San Felipe", reported local newspaper Prensa.

More on this topic

Expansion in Panama´s Coastal Highway

October 2010

With an underground tunnel which would connect Avenida Balboa and Avenida de los Poetas the third phase of the coastal strip would be completed.

"In the project statement, published yesterday in Panama Compra, the Ministry of Public Works (MOP) said that 'the studies resulted in solving the interconnection with an underpass and a tunnel which would go under the area of El Chorrillo," published Prensa.com.

Extension of Panamanian Coastal Belt Begins

October 2009

Brazilian Company Norberto Odebrecht has received orders from the Executive to begin construction of the project.

The $52 million project extends the coastal belt from the Old Quarter (Casco Antiguo) in San Felipe to a few meters short from the President's office (Palacio de las Garzas).

$52 Million for Expanding "Coastal Belt"

August 2009

Panama's government authorized the project through an amendment to the contract with company Odebrecth S.A.

After the extension, the "Coastal Belt" (Cinta Costera) will reach the old part of the city (Casco Antiguo), a few meters from the "Palacio de las Garzas", the governmental residence of the President.

Coastal Strip Inaugurated in Panama

June 2009

The inauguration of the $189 million road project is set for the weekend of June 27th and 28th.

According to Laestrella.com.pa, the opening date of the Coastal Strip of Panama was published in the newspaper La Prensa, where the Minister of Transportation and Public Works (MOP acronym in Spanish) said that everything was prepared for this weekend.

 close (x)

Receive more news about Infrastructure and Construction

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


ATENAS: 13 HA, 1.5 KM from Highway 27, US$ 11/m2

Prime Lake Front Real Estate near San Jose, CR Now Available for Development, an extraordinary commercial real estate opportunity.
A lush 32 acre/13 hectare plot located just West of the...

Stock Indexes

(Jul 20)
Dow Jones
-0.13%
S&P 500
-0.02%
Nasdaq
0.08%

Commodities

(Jul 20)
Brent Crude Oil
49.550
Coffee "C"
138.55
Gold
1,244
Silver
16.245