$52 Million for Expanding "Coastal Belt"

Panama's government authorized the project through an amendment to the contract with company Odebrecth S.A.

Monday, August 24, 2009

After the extension, the "Coastal Belt" (Cinta Costera) will reach the old part of the city (Casco Antiguo), a few meters from the "Palacio de las Garzas", the governmental residence of the President.

"The contract for the second phase also includes the removal of four piers and the construction of a new one providing all the same facilities for companies and citizens", reported Prensa.com.



More on this topic

Panama: Expansion of Coastal Strip Continues

July 2011

The Electoral Tribunal has declared invalid a measure to conduct a referendum to decide on the project.

The construction of the third phase of the coastal strip will continue on the schedule initially established, explained the Minister for Public Works, Federico Suarez.

Panama: Companies Bid for Maintaining Green Areas

February 2010

6 companies submitted bids for maintaining public green areas in the Coastal Belt of Panama City.

They are "Generales Aventura S.A.", "Trebol Services Inc.", "Geoforestal S.A.", "Tecno Jardín", "Constructora Urbana S.A." and "Asociación Accidental Cinta Costera Management".

Extension of Panamanian Coastal Belt Begins

October 2009

Brazilian Company Norberto Odebrecht has received orders from the Executive to begin construction of the project.

The $52 million project extends the coastal belt from the Old Quarter (Casco Antiguo) in San Felipe to a few meters short from the President's office (Palacio de las Garzas).

Coastal Strip Inaugurated in Panama

June 2009

The inauguration of the $189 million road project is set for the weekend of June 27th and 28th.

According to Laestrella.com.pa, the opening date of the Coastal Strip of Panama was published in the newspaper La Prensa, where the Minister of Transportation and Public Works (MOP acronym in Spanish) said that everything was prepared for this weekend.

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