$150 Million Highway Contract Awarded in Panama

Transcaribe Trading S.A. will be responsible for widening the Arraiján-La Chorrera highway to six lanes.

Tuesday, August 3, 2010

The Panamanian company presented the lowest offer in the competitive bid with two other construction companies, Meco and Urbana.

"In addition to resurfacing and widening the highway, the company will add a layer of asfalt to make the surface smoother," reports Prensa.com.

The work is due to be finished in two and a half years.

More on this topic

Companies Bid for Arraiján – La Chorrera Highway

June 2010

Three companies submitted bids for designing and executing the project to widen this Panamanian highway.

The bid from Transcaribe Trading S.A. was priced at $149.8 million, the one by Constructora Meco at $156.27 million, while Constructora Urbana S.A. proposed $158.9 million.

Costa Rica: Eleven Companies Bidding on Road Building

August 2011

Proposals to build a 50.6 km expansion of the Inter-American highway range between $75 and $182 million.

The National Roads Authority (Conavi), received 11 bids for the expansion and rehabilitation of national road No. 1, North American highway, for the stretch Cañas-Liberia.

Panama: Highway Arraiján-La Chorrera

October 2010

The Ministry of Public Works gave the order to proceed to Transcaribe Trading, company who won the contract for $ 152.6 million.

The highway will suffer a comprehensive maintenance and will be widened to six lanes. The project also includes widening current bridges, design and construction as well as an interchange at the underpass connecting Residencial Vista Alegre and Residencial El Tecal.

Panama Awards $178 Million in Highway Contracts

June 2010

Construction company CUSA was awarded the construction of the highway between David and Boquete, and Meco won the contract to build the link between La Villa and Las Tablas.

Panamanian company Cusa will have three years to complete the project and will be in charge of maintaining it for another three.

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