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
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.
With an underground tunnel which would connect Avenida Balboa and Avenida de los Poetas the third phase of the coastal strip would be completed.
The inauguration of the $189 million road project is set for the weekend of June 27th and 28th.
The project, which is just beginning to take shape, will connect the Paitilla sector with the marine viaduct of the Corredor Sur.
The Electoral Tribunal has declared invalid a measure to conduct a referendum to decide on the project.
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