Panamanian Assembly Approves $51 Million for HighwayThe Panamanian National Assembly granted a $51 million credit to the MOP (Public Works Ministry) to finance the cost overrun of the Madden-Colón highway.Friday, March 13, 2009
This highway which is being built by the Public Works Ministry in Panama had an original cost of $215.8 million, but there was an increase in the cost of the project. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Panama: Motorway Extension AwardedOctober 2012 Work on the third phase of the Panama - Colon road, has been awarded directly through an addendum to the $163 million contract with the Madden-Colón Concessionaire. Panama: $75 Million for Highway RepairApril 2009 The road joining Bocas del Toro to Chiriquí will cost $75 million to repair and construction would take two and one-half years. The Final Price of a RoadMarch 2009 An analysis of the $50 million cost overrun in the Madden-Colón highway in Panama. Price rises in Panama affect public works contractsJune 2008 Increases in the cost of construction materials and high demand have combined to raise the cost of Panama's public works projects.
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