Three Groups Submit Bids to Build New Canal Bridge

A company and two consortia have delivered the documentation to participate in the construction of a third bridge over the Panama Canal.

Tuesday, March 6, 2012

One group consists of Brazil’s Odebrecht and South Korea's Hyundai Joint Venture; another is composed of Spanish firm Acciona Infraestructuras and Mexico’s Tradeco. The third bidder is France's Vinci Construction Grands Projets, according to the Panama Canal Authority (ACP).

An article on Prensa.com reveals that the architect for the project is the Hong Kong Communications Construction Company. The bridge will be 4.6 km long and have an elevation of 75 meters. The bridge will be shaped like an inverted "Y" with a cable-stayed structure and is projected to cost about $300 million.



More on this topic

Work Begins on Third Canal Bridge

January 2013

The company Vinci Construction Grands Projets received orders from the Panama Canal Authority to proceed with the works for the construction of the bridge over the Canal.

The company, who won the tender last October, must complete the works within a period not exceeding 42 months.

French Consortium Wins Canal Over Bridge Tender

October 2012

Vinci Construction Grand Projets was awarded the construction of the fourth bridge over the Panama Canal for $366 million.

The French consortium offered the lowest price out of the three pre-qualified candidates, less than the $386 million from Tradeco Acciona and the $429 million from Hyundai Odebrecth.

Three Pre-Qualified to Bid in Bridge Tender

April 2012

The Consortia Odebrecht - Hyundai Joint Venture, Acciona Infrastructures -Tradeco, and France's Vinci Construction Grands Projets, have been accepted by the ACP to take part in the tender for the construction of a bridge over the Canal in the Atlantic.

"Through a press release, the Panama Canal Authority (ACP) reported that the Spanish-Mexican consortium "Acciona Infrastructures-Tradeco" and the Brazilian-South Korean "Odebrecht-Hyundai joint venture" along with the French company "Vinci Construction Grands Projets" qualified following analysis of their technical criteria, experience and financial capacity", reported Panamaamerica.com.

Third Bridge Over Canal to be Tendered in August

March 2012

With 4 lanes, and measuring 4.6 kilometers long and 75 meters high, the bridge will cost about $280 million and its construction will take 32 months.

The tender for the third bridge, located on the Atlantic side, will take place in August, according to the outgoing administrator of the Panama Canal, Alberto Alemán Zubieta.

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