Construction of the 4th bridge to canal finally commences.

Canal

The Design and Construction project of the Fourth Bridge over the Panama Canal is progressing, despite the controversies that have arisen since its announcement, in 2015. Yesterday, President Juan Carlos Varela and the Minister of Public Works, Ramón Arosemena, gave the first shove that marks the start of the megaproject to be built north of the Bridge of the Americas.

The work will be in charge of the Panama Fourth Bridge Consortium – formed by China Communications Construction Company LTD and China Harbor Engineering Company LTD -, which was awarded the tender in June 2018, after offering the best technical and economic proposal with an investment of $ 1,420 million .

‘For our government it is very important to be sure that one of the largest infrastructure projects in the country has the support of world class companies, with an undeniable record, as the Chinese company in charge of this work’, said Varela .

It is expected that the construction of the bridge, of an extension of 3,950 meters, will take 54 months.

 

http://laestrella.com.pa/

Please follow and like us:
No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

"JB"
Largest ship to record passes into new expanded Canal.

The container ship Triton, of the shipping Evergreen, became this Wednesday the largest and largest capacity ship to transit the Canal expanded since its opening on June 26, 2016. Neopanamax help port growth Huge LNG vessel, in the bowels of the Canal The neopanamax Triton set a new record with …

Canal
Cortizo makes Panama H20 one of the first priorities of administration.

The government of Laurentino Nito Cortizo will be put to the test to avoid a future water crisis for human consumption and the transit of more and more ships through the Panama Canal . Time is short for water supply “After the year 2024 or 2025, if we do not …

Energy/Infrastructure
Whiffs of bullshit and payoffs related to sweetheart deal for Oil Company in Taboga.

The National Economic Council (Cena) of the Ministry of Economy and Finance (MEF) justified the low rent lease authorized in the concession contract between the Mayor’s Office of Taboga and the company Bona Pacific Corp. , to establish an oil terminal in more than 34 hectares located on Boná Island. …