$100 Million Road Investment Announced

The expansion of the Highway to the Port of Vacamonte and the construction of the connection of the Cinta Costera 3 to Amador, are two projects that are expected to be tendered in Panama during August 2020.

Wednesday, July 22, 2020

In order to revive the construction industry, the Minister of Public Works, Rafael Sabonge, reported that next month will be tendered two infrastructure projects whose investment is around $100 million.

You may be interested in "Road Infrastructure: $4.3 Billion in New Projects"

The statement from the Ministry of Public Works says that "... Sabonge refers to projects that will be tendered in August of this year such as the Highway to the Port of Vacamonte, which will consist of a four-lane road with an estimated investment of $50 million. The project will include bike paths and sidewalks, as well as overpasses. It is a road that will connect the Vista Alegre and El Tecal area with what will be the Costanera Highway."

The document adds that "... another of the projects that may be tendered is the connection of the Cinta Costera 3 to Amador, through a marine viaduct, a project whose investment is also around $50 million."

The authorities informed that both projects will be done under the turnkey modality, that is to say that the contractors build and then deliver the work can be paid.

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More on this topic

$44 Million in Road Works Awarded

October 2020

In Panama, the consortium made up of Constructora Urbana S.A. and Toronto Global Holdings Corp. was awarded the contract to design, build and finance the interconnection of the Cinta Costera 3 with the Calzada de Amador.

Two bids were submitted for this tender; whose initial reference value was $49.9 million.

Two Bids for $50 Million Road Works

August 2020

In the public tender held in Panama to design, build and finance the interconnection of the Cinta Costera 3 with the Calzada de Amador, Consorcio Amador and Consorcio Cinta Costera submitted their proposals, which amounted to $55 million and $44 million, respectively.

Consorcio AMADOR, made up of the companies Meco, S.A.

Panama: $45 Million in Road Rehabilitation

October 2019

The Ministry of Public Works tenders the study, design and construction, for the rehabilitation and expansion of the Highway - Vacamonte Port.

Panama Government Purchase 2019-0-09-0-15-LV-006124:

"The project consists of a length of five (5) kilometers; however, the Tender Entity may determine works that within the execution of the work in the field are detected as required, that have not been defined in the terms of reference and plans, to ensure connectivity and integrity of road networks and / or accessibility to basic services.

Tender: $14 million Roadworks

January 2018

The Ministry of Public Works in Panama is putting out to tender the study, design and renovation of a road section in the province of Panamá Oeste.

Panama Government Purchase 2017-0-09-0-15-LV-005355:

"The objective of the purchase is Studies and Designs for a road going from the Highway to the Port of Vacamonte up to the community of Veracruz and its construction and renovation.

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