The Ministry of Transportation in Panama will be investing $20 million in land transport equipment and construction and $9 million in bridge construction and renovation of roads.
From a statement issued by the National Assembly of Panama:
The Budget Committee of the National Assembly has approved the transfer of five items, totaling approximately $35 million to the Ministry of Public Works (MOP).
It has been announced that the $8.4 million contract signed with Serdelco SA for the design and construction of the bridge between Chalatenango and La Libertad will be canceled and the works will be re-tendered.
It is expected that in February there will be an announced about the tender mechanism to be used to continue the project, in which so far on the desing phase has been finished.
Honduras is putting out to tender the construction of an overpass at the intersection in front of the Hotel Clarion, passing through John Paul II street behind the Central America Boulevard.
The works to be carried out in general terms are:
Construction of an overpass or underpass for all types of heavy and light vehicles at the intersection in front of the Hotel Clarion, in the direction running from south to north, passing through John Paul II street behind the Central America Boulevard and Main Street Col. Alameda, with a length of 180 meters by 15.30 meters wide for two lanes in both directions, divided by a main traffic light at 40 meters for the intersection and 7 traffic lights at 20 meters to lift the stretch of road in both approaches.
An environmental impact study has been presented for the design and construction of the fourth bridge over the Panama Canal, connecting the East and West sectors and in turn Metro Line 3. with an initial cost of $1 billion.
The government of Panama has presented an environmental impact assessment (EIA) for the design and construction of a fourth bridge over the Canal, which will connect the areas of Arraijan and La Chorrera, in the west, to Panama City, via the Pacific Canal sector.
President Varela has announced a third bridge over the canal, extension of the Inter American highway, a wastewater treatment plant and modernization of the public transport system.
The Panamanian government has announced that all of these projects are included in the 2015 budget. In the case of the new bridge, they said it will include eight lanes, however, they have not yet given details of what it will cost.
Progress is being made for the approval of a bill to authorize the use of 40% of the Pension and Retirement Funds of the Magisterium, equivalent to $1,492 million, to finance public works projects.
From a statement issued by the Board of Pensions of the National Magisterium:
Unanimously, the Committee on Financial Affairs at the Legislative Assembly approved the project to expand the scope of investment fund for the Collective Capitalization Regime (RCC) administered by the Pension Board.
A loan has been approved by the Inter-American Development Bank and the Fund for Chinese Cofinancing to repair roads and build bridges in different parts of the country and carry out port works in the Pacific.
Ministers approved, on its second reading, a loan which will finance the Transportation Infrastructure Program (PIT by its initials in Spanish), which will be used to repair roads and make other improvements to road infrastructure mainly in the northern and central Pacific parts of the country.
The Canal Authority has been authorized to taken out a loan to finance part of the vehicular crossing on the Atlantic end of the Canal project.
From a report issued by the President's Office in Panama:
The Cabinet Council has endorsed a resolution approving a loan to be taken out and other credit obligations of the Panama Canal Authority, amounting to 450 million dollars, complementing the partial financing of the proposed vehicular crossing the Atlantic end of the Panama Canal.
A tender is being launched for the construction of three underpasses in high cargo traffic areas in the Metropolitan Area of San Salvador.
The projects already have the respective designs and refer to the Naciones Unidas and Masferrer roundabouts in the south and north ends of Jerusalem Avenue and at the intersection of highway and street Huizúcar Comalapa. The investment for the construction of three underpasses is around $25 million.
At a cost of $293 million the consortium made up of the company MECO and the Colombian Mario Huertas Cotes have been awarded the tender for the construction and upgrading of 190 kilometers of road.
The consortium won the tender for the road project Girardot-Honda-Puerto Salgar, located in central Colombia and which aims to improve the north-south central road connection, with a term effective until 2038.
The Guatemalan government's budgetary constraints have resulted in serious delays in payments to construction companies for public infrastructure.
Between January and March progress in the execution of public works was almost nil because of the budget problems facing institutions, preventing them from directing the resources private companies awarded with various infrastructure projects such as roads and bridges.
The Santa Fe Bridge, built in Nicaragua over the San Juan River, 5 kilometers from the border with Costa Rica, will not be opened as long as the confrontation between the two governments continues.
362 meters long and 40 meters high, the Santa Fe Bridge required a $30 million investment donated by the Government of Japan.
At the same time as constructing the bridge, Nicaragua also built a road along the south coast of the river ending up on the border with Costa Rica, which will facilitate exports from the central region travelling to Puerto Limon in Costa Rica and also help the flow of Nicaraguans entering and exiting the border with their southern neighbor.
The new government has announced plans to implement improvement works on the road network of the country in the next three years.
The complete renovation of the road to the port of La Libertad and improvements in neighboring bridges are part of the works estimated at $650 million that the Ministry of Public Works announced will be undertaken in the country.
In the final days of the Chinchilla administration, the usually slow Ministry of Public Works and the Conavi have accelerated the award of road projects.
The National Roads Authority (CONAVI) also awarded contracts for geometric designs, pavement designs and construction plans, as well as the proposed road signs and a budget for four sections of the National Route 1856, Juan Rafael Mora Porras, at a cost of $2.27 million (¢1.251 billion).
The president-elect has announced that it is a priority of his government to overhaul the country's road infrastructure, which will require investments of over $10 billion.
Costa Rica has a back log of 20 years worth of work in implementing the necessary road infrastructure to support the country's development.
With a geography that requires a lot of bridges, there are far fewer than necessary, and those few bridges that do exist are old and too narrow and have not been maintained. The highways are not able to deal with the rapid growth in the number of cars on the road and do not meet the needs of productive sectors, causing loss of competitiveness with the region and the world. Urban transport in the metropolitan area around the capital San José is terrible, requiring urgent solutions in terms of public transport.