Panama Canal Widening of the Panama Canal tender Infrastructure and Construction Logistics Panama Canal Authority Constructora Meco, S.A. Constructora Urbana S.A. Fomento de Construcciones y Contratas S.A. Grupo Unidos por el Canal Impregilo SpA dry canal Consorcio C.A.N.A.L. Constructora ICA Infraestructure & Construction

Meco wins bids for Panama Canal contract

Costa Rican consortium, Meco construction company, won the third dry excavation contract for the Panama Canal expansion project.

Friday, December 19, 2008

Said consortium made the lowest offer, $36.6 million, for the public bid held on December 4, and met the requirements indicated by the Panama Canal Authority.

The contract is for 850 days to complete the works, and is expected to be completed 2011, according to a release by the entity that administrates the Canal.

Source: estrelladepanama.com