Cinta Costera road creates problems in Panama

The evaluation system which means that owners of nearby properties must contribute to its financing is generating controversy.

Friday, January 9, 2009


©image:

Laestrella.com.pa reported that under the concept that "public interest works be financed by the valuation system," properties located in Bella Vista, Calidonia, Punta Paitilla and part San Francisco will appear on a list at the end of February where the price they will have to contribute to pay for the Cinta Costera.

The president of the Association of Real Estate agents, Jose Boyd, said that it is unfair for works, which the entire country will have the opportunity to use, to be financed by just one sector.

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.

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.

Panama: Planning for Fourth Stage of Coastal Strip

November 2012

The project, which is just beginning to take shape, will connect the Paitilla sector with the marine viaduct of the Corredor Sur.

In these early stages of the project known as ‘Cinta Costera 4’ plans are for only the road infrastructure and related landscaping.

According to an article in Elsiglo.com the Director of Special Projects of this entity, Carlos Ho, said: "The costs and the final design are still being drafted and have not yet been defined, however, the authorities from the MOP are counting on this work helping to greatly reduce traffic in Paitilla. He added that options such as a semi tunnel, a marine viaduct or landfills are being analyzed. "

Panama: Expansion of Coastal Strip Continues

July 2011

The Electoral Tribunal has declared invalid a measure to conduct a referendum to decide on the project.

The construction of the third phase of the coastal strip will continue on the schedule initially established, explained the Minister for Public Works, Federico Suarez.

 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


Consultoría Topográfica Centroamericana

Organization that operates in Costa Rica.
Phone: (506) 2524 1520 - (506) 8948 3361

Company Profile

Stock Indexes

(Dec 8)
Dow Jones
0.33%
S&P 500
0.22%
Nasdaq
0.44%

Commodities

(Dec 9)
Brent Crude Oil
54.800
Coffee "C"
141.6
Gold
1,171
Silver
17.1