Nearly three billion dollars will be invested by the Ministry of Public Works (MOP) on five-year administration of President Juan Carlos Varela. This was announced by Minister Ramon Arosemena, who said that the most important project for the MOP will be the construction of the fourth bridge over the Panama Canal.

MOP Panama – Gogetit Highlights

* Although most of the investments in infrastructure and transport will take place in the capital and its metropolitan area, where most of the population is concentrated, the countryside will also receive resources from the MOP Panama.

* The largest project to be undertaken by the company will be the Fourth Bridge over the Panama Canal.

* The most substantial work that runs on today is the expansion to four lanes of the Pan American Highway between David and Santiago, which will reduce travel time between the two capitals and improve track safety.

For the presidential term of Juan Carlos Varela, MOP Panama announced it will invest around U.S.$ 2,960 million in projects to be carried out both in the city and in the countryside.

According to information published by Prensa.com website, the most important project to be undertaken by the company will be the fourth bridge over the Panama Canal, located about 500 meters north of the Bridge of the Americas will be built and connected to the ​​Albrook area and Northern Corridor. In addition, it has the capacity for the third subway line, a monorail that will connect Arraiján with Albrook. Although they will be tendered separately, this project is in the hands of the expansion to eight lanes of the road between the Bridge of the Americas and Arraijan, which will improve the flow between the interior and the capital.

The Minister of Public Works, Ramon Arosemena, announced that it is studying preliminarily expanded to six lanes the Panamerican Highway between La Chorrera and San Carlos. “The two ways you have of each side are no longer sufficient,” he said.

The investment made by the MOP Panama in the metropolitan area, will consider the expansion to four lanes of the road Omar Torrijos, between Corozal and the Centennial Bridge. This work is expected to promote the use of the Centennial Bridge, which is barely used. Across the Panama Canal, the Centennial will connect to the Panama Pacifico area.

Although most of the investments in infrastructure and transport will take place in the capital and its metropolitan area, where most population is concentrated, the countryside will also receive resources in this administration.

The most substantial work that runs MOP Panama today is the expansion to four lanes of the Pan American highway between David and Santiago, which will reduce travel time between the two capitals and improve track safety.

The government announced this week the construction of the road between Miguel de la Borda to Cocle del Norte in the bottom colonense coast. In Bocas del Toro, the Changuinola-Almirante road will be tendered, while in Chiriqui will be built a bypass between the banana plantations, among other works. In Veraguas, the connection between Santa Fe and Calovébora will be completed, so that the province is able to cross from north to south, connecting the Caribbean to the Pacific.

Read more information here (Article in Spanish).

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Silvia Merida Pellicer
Gogetit Content Manager. Author of important reviews for Gogetit News, “The #1 Source for real estate news in Panama.”
Specialized in the search and analysis of the most important news about real estate in Panama.