New bridges underway for Panama Canal

Panama is working on projects to construct two new bridge crossings over the Panama Canal. According to the Panama Canal Authority (ACP), work is progressing well on the project to build the third bridge over the Canal. The project is costing around US$570 million, of which USD 382mn have been already allocated. The bridge is due for completion in 2017. Meanwhile Panama's Ministry of Public Works (MOP) is opening the tender process to build select the project manager for the project to build the fourth brid
October 13, 2015 Read time: 1 min
Panama is working on projects to construct two new bridge crossings over the Panama Canal. According to the Panama Canal Authority (ACP), work is progressing well on the project to build the third bridge over the Canal. The project is costing around US$570 million, of which USD 382mn have been already allocated. The bridge is due for completion in 2017. Meanwhile Panama's Ministry of Public Works (MOP) is opening the tender process to build select the project manager for the project to build the fourth bridge over the Panama Canal. The contract involves qualified technical assistance services to ensure the project is developed to the necessary specifications. The proposals will be received until 30th November 2015.
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Panama has postponed the tender process for the fourth bridge crossing over the Panama Canal. This is the fourth time the fourth bridge crossing tender has been postponed. Panama’s Ministry of Public Works (MOP) opted to postpone the tender due to changes in the guidelines. The bridge will have six lanes for motor vehicles as well as twin tracks for metro rail and is expected to cost US$1 billion to construct.
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