Panama: Companies Bid for Maintaining Green AreasThursday, February 4, 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". $10.4 Million for Panama's Coastal BeltWednesday, September 23, 2009 The Legislative Assembly's Budget Commission green-lighted an additional credit for building the second phase of the project known as 'Cinta Costera'. A total of $52 million are needed to complete the second phase of this initiative, which will run from "the Shellfish Market to 'Plaza 2 de Enero' on East 9th Street in San Felipe", reported local newspaper Prensa. Expansion in Panama´s Coastal HighwayThursday, October 21, 2010 With an underground tunnel which would connect Avenida Balboa and Avenida de los Poetas the third phase of the coastal strip would be completed. "In the project statement, published yesterday in Panama Compra, the Ministry of Public Works (MOP) said that 'the studies resulted in solving the interconnection with an underpass and a tunnel which would go under the area of El Chorrillo," published Prensa.com. $95 Million for Infrastructure in PanamaThursday, September 3, 2009 The 2010 State Budget includes $95 million for infrastructure projects. $30 million have been earmarked for the new urban transportation system, $25 million for Phase 2 of the coastal belt and $40 million for remodeling four airports. $52 Million for Expanding "Coastal Belt"Monday, August 24, 2009 Panama's government authorized the project through an amendment to the contract with company Odebrecth S.A. 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. Extension of Panamanian Coastal Belt BeginsWednesday, October 21, 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). Martinelli at Odds with UnescoTuesday, June 28, 2011 The President of Panama has announced that the third phase of the coastal strip project will begin immediately, and has discarded the construction of a tunnel that would increase costs by $200 million. Martinelli denied that last week a Panamanian delegation in Paris had agreed with UNESCO to submit to an international panel three options for the interconnection of the Balboa and Poetas Roads on the coast of Panama City. Coastal Strip Inaugurated in PanamaThursday, June 25, 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. Panama in Agreement with Unesco Over Roads in Casco AntiguoFriday, June 24, 2011 The Minister of Public Works has announced that the interconnection works between the Balboa and Los Poetas roads will have the consent of Unesco. The World Heritage Committee of the United Nations Educational, Scientific and Cultural Organization (Unesco), is considering including Panama in the list of countries with ‘Heritage in Danger’ due to the lack of technical and feasibility studies to ensure that the construction of the third phase of the Cinta Costera will not affect Casco Antiguo and Panama Viejo. Cinta Costera road creates problems in PanamaFriday, January 9, 2009 The evaluation system which means that owners of nearby properties must contribute to its financing is generating controversy. Laestrella.com.pa reported that under the concept that "public interest works be financed by the valuation system," properties located in Bella Vista, Calidonia, Punta Paitilla and part San Francisco will appear on a list at the end of February where the price they will have to contribute to pay for the Cinta Costera. Panama: Tender for Maintenance of Coastal StripTuesday, February 14, 2017 The Ministry of Public Works is preparing to award a contract once again for the maintenance of the coastal strip, which was previously held by Odebrecht. The Brazilian construction firm Odebrecht and the Ministry of Public Works have agreed to terminate the contract within five months. Prensa.com reports that "... Panama: Plan to Extend Coastal StripWednesday, August 23, 2017 The mayoral office of the capital has announced that the World Bank will be financing a feasibility study to expand the coastal strip to the east of the city. The goal of Mayor José Isabel Blandón is to complete the feasibility analysis process and leave the technical reports to the next administration, in order to proceed with the project. Panama: Planning for Fourth Stage of Coastal StripMonday, November 19, 2012 The project, which is just beginning to take shape, will connect the Paitilla sector with the marine viaduct of the Corredor Sur. In these early stages of the project known as ‘Cinta Costera 4’ plans are for only the road infrastructure and related landscaping. Panama: Cinta Costera Construction Under ConsultationFriday, July 1, 2011 President Ricardo Martinelli has announced that he will submit the expansion of the Cinta Costera to a referendum. The project, projected to cost $776 million, has been the subject of much debate and is viewed with apprehension by the United Nations Educational, Scientific and Cultural Organization (UNESCO). Construction Begins on Panama Sea BridgeThursday, September 13, 2012 As part of the Master Plan of Road Reorganization in Panama City, construction has began on the interconnection between Avenida Balboa and the new Avenida Los Poetas. A press release from the Ministry of Public Works of Panama (MOP) reads: |
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