8-lane Highway to Arraijan
The expansion of a 10km stretch of the PanAmerican Highway between the Bridge of the Americas and Arraijan will start in connection with the building the fourth bridge over the Panama Canal.
The project is expected to take approximately two years to complete. The contract was won by the Loma Cová consortium, made up of Constructora Meco and Acciona Infraestructura.
The consortium’s proposal was for $335.5 million, the highest of the four submitted by the companies interested in the contract.
The other companies that submitted tenders were CSECConalvías ($269.7 million), FCC Construcción ($335.2 million) and AstaldiMCM ($322.6 million).
Half an hour before the winner was published in PanamaCompra, Public Works Minister Ramón Arosemena and Deputy Minister Marietta Jaén defended the bidding process.
“This tender gives us greater transparency in our public acts” Jaén said.
“Taking into account the expansion of the highway to eight lanes and the construction of six interchanges, this is equivalent to the construction of 35 kilometers of highway.”