Ministry of Public Works in Panama has approved the Paso Canoas - Río Sereno - Piedra Candela road concession in the province of Chiriquí.
The road project will have a total length of 73.81 kilometers, starting at Paso Canoas and ending in the Limit of Piedra Candela with Santa Clara. The scope of works also involves the rehabilitation of an existing vehicular bridge and the design and construction of seven bridges, which will be located over the Brazo Seco ravines, Vueltas 1, 2 and 3 ravine, blue ravine, North ravine and over the Sereno River. The new bridges will have two-lane circulation with two New Jersey barriers and pedestrian circulation facilities.
The project will be procured on design, build, finance (DBF) public-private partnership (PPP) model. The authority held a preliminary meeting with contractors to define the scope of the project. The tendering process is expected to start on October 18, 2021.
Country updates
-
-
September 20, 2021
Panama held meeting with interested companies for El Llano-Puerto Cartí road project
The Ministry of Public Works (MOP) of Panama has carried out a virtual meeting with 12 interested construction companies for the development of the El Llano-Puerto Cartí Highway project. The au...
Read more -
September 20, 2021
Details emerged about USD240 million road PPP project in Panama
The Ministry of Public Works (MOP) of Panama has met with transport and agricultural leaders in order to provide the details about the Pacora-Yaviza road PPP project.
Read more -
August 10, 2021
Contract awarded for Balboa Shipyard project in Panama
The Astilleros Puerto Balboa SA (Astibal) consortium was awarded the concession contract for the operation of the Balboa shipyard, with an offer of US$14.4 million. The concession period will be 20 ye...
Read more -
June 10, 2020
RFEOI launched seeking legal consultant to structure transport sector PPP in Panama
The World Bank Group has launched a request for expression interest (RFEOI) seeking to select a legal consultant to support the public-private partnership transaction advisory services unit of the Int...
Read more -
September 26, 2019
Green light for public-private partnerships in Panama
President of Panama has approved the law that creates the Public-Private Partnership regime in Panama. According to the law, the companies that delinquent in paying fines for breach of contracts will...
Read more
