Panama City, Panama’s Ministry of Public Works has awarded contracts to improve the roads in and around Panama City. Along with the new Metro Buses, the new Subway line, and infrastructure enhancements, Panama City is taking the steps to bettering the transportation and city sector. More information below from La Prensa-
Panama City road contracts awarded
The Ministry of Public Works has awarded the first bundle of contracts for improvements to Panama City’s roads and streets.
The contracts total $112.4 million, according to documents published on the government web site PanamáCompras.
The Conalvías company was awarded a contract for $29.3 million to build an overpass on the Avenida de Los Mártires. The Colombian firm also won the contract to build an overpass on the Avenida de La Amistad for $20.5 million.
The contract to design and build highway extensions in the Tocumen area was awarded to Transcaribe Trading for $35.9 million. This is the same company doing the work on the Arraiján-La Chorrera highway.
There are two projects slated for the Avenida Omar Torrijos. The first, to build an overpass between Albrook and Diablo, was awarded to MCM Global Consorcio Intersecciones for $22.5 million. The second, to build an overpass at Avenida Nacional, was awarded to Constructora Meco for $24.7 million.
The deadline for the completion of the overpasses is 450 days, the equivalent of one year and three months. Consequently, these works should be completed in the first half of 2012.
The Tocumen project will take two years.