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."

"The transit improvements package was included in the original contract signed on July 6, 2011 between the then Minister of Public Works (MOP), Federico Suarez, and the company Fomento de Construcciones y Contratas SA (FCC), in order to carry out the "study, design, construction and financing of works for the Brazil highway section II", at a cost of $180 million, " reported Prensa.com.

The plan states that FCC must install, within the works of the road network works in Panama, 70 vehicular surveillance cameras, 35 information panels, over 30 traffic lights, 100 speed sensors, and make improvements in to the control tower where vehicular traffic is monitored.

Source: Prensa.com

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FCC Awarded Contracts worth $ 386 Million in Panama

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The company has been awarded two contracts within the road realignment program in Panama City.

The Projects, which should begin within two months, include works on two streets in the center of the capital.

The company added in a statement, "With these new contracts, FCC added a portfolio of businesses of more than $ 2.416 million dollars in Panama, which include a stake in the construction of the subway and the new Panama Canal access channel from the Pacific Ocean", published Laestrella.com.pa.

Tenders for Road Works Submitted in Panama

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