Awards: Roadworks for $123 millionMonday, January 18, 2016 In Guatemala the company Overseas Engineering & Construction has been awarded a contract to build the 27-kilometer stretch between Sanarate and El Rancho, on the CA-9 North highway. The Taiwanese company with multinational presence will be responsible for carrying out the work, after having submitted a financial offer for a total of $123,760,264 in the restricted international tender, announced on November 13, 2015. Guatemala: Road Construction DelayedTuesday, September 10, 2019 Because 46 right-of-way invasion conflicts were reported, the four-lane widening of the road from Sanarate to the Ranch will be completed by 2020. The extension of a 28-kilometre stretch of the Atlantic Route, which connects the country's capital with Puerto Santo Tomás de Castilla, faces multiple difficulties, since 125 cases of invasion of the right-of-way have been registered, of which 46 became conflicts and 10 were described as "critical." Costa Rica: Questions Over The Chinese Company That Will Build HighwayTuesday, November 26, 2013 The Costa Rican government has signed a $395 million loan conditional on the award of a contract to a construction company that has been blacklisted by the World Bank. China Harbour Engineering Company (CHEC) will expand the stretch of 107 kilometers on the road to Limón, despite questions having been asked in four countries regarding fraud and bribery. Guatemala Awards Construction Works for $ 26 MillionTuesday, March 15, 2011 The five projects awarded are for road reconstruction in the Atlantic coastline area. The reconstruction of segments Sanarate-Agua Caliente, San Antonio Paz-El Progreso, was awarded to Overseas Engineering and Construction Co. Ltda., SA. $543 million Contract Awarded for Road Works ProjectThursday, November 9, 2017 In the tender to expand a 36-kilometer stretch of road in Panama to six lanes, the consortium formed by FCC Construcción and Operadora CICSA submitted an offer for $543 million, while MECO and Constructora Urbana, offered $624 million. China Communications Construction Company, LTD also participated in the tender "Extension to six lanes - Corredor de las Playas - Section 1: La Chorrera - Santa Cruz", but its proposal was disqualified for not meeting the minimum required score. Two Offers for $45 million Road WorksMonday, February 19, 2018 China Railway International Group and Constructora Urbana are the two companies that submitted their proposals in the tender to renovate 98 kilometers of roads in Chiriqui and Bocas del Toro, Panama. The companies that submitted offers were Consorcio de Vías y Puentes del Istmo (China Railway International Group), with a proposal of $45.4 million, and Asociación Accidental C&C Gualaca (Constructora Urbana, S.A.), with an offer of $44.9 million. Taiwan Supports Guatemala in Road ConstructionWednesday, June 19, 2013 The expansion of the Atlantic Road will be funded with a donation of $50 million and other $50 million in loans. The Taiwanese government will donate $50 million for the expansion of the Atlantic Highway, and has also authorized a soft loan for another $50 million for the project which has a cost of $119 million. |
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