Panama: $60 Million for Highway Infrastructure

The country's council of ministers has approved a special loan to the the Department of Public Works (MOP).

Wednesday, August 11, 2010

The $60,054,418 million budget approved will go towards various MOP highway projects.

The initiative was presented by the Minister for Economy and Finance, Alberto Vallarino.

More on this topic

$34 million for Road Realignment Works

August 2012

The National Assembly of Panama has approved a transfer of $34,059,053 million for starting to address the payment of road realignment projects.

From a press release from the National Assembly of Panama:

Members of the Budget Committee have approved a transfer to the Ministry of Public Works (MOP) of 34,059,053 million dollars in order to pay for road realignment projects.

Costa Rica: $12 million Roadworks

December 2015

The Ministry of Public Works will invest $12 million on building extra lanes, changing roads and traffic lights in areas of the metropolitan area with high road congestion.

The works aim to minimize traffic congestion problems in 22 areas where there is the most road congestion in the greater metropolitan area, and according to officials from the Ministry of Public Works (MOPT), this plan of "fast works" will start in the second half 2016.

Panama City To Invite Bids for Street Renewal

September 2011

The Municipality is going to put out to tender the renewal of the streets ‘Via Argentina’ and ‘Calle Uruguay’.

Without putting an exact figure on the amount to be invested, predictions are in the region of $20 million for Via Argentina and $10 million for Calle Uruguay.

The project includes installing underground cables for lighting and telecommunications, expanding the sidewalks and changing the street furniture.

Panama: $40 million for Traffic Management

June 2013

The contract was awarded to the Spanish construction company FCC, as an extension of the work carried out on the Brazil highway.

The Ministry of Public Works in Panama awarded a $40 million subcontract to the company of Spanish origin, Fomento de Construcciones y Contratas S.A. (FCC), for the implementation of a "traffic management plan for the city's road realignment."

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