Madden Highway Will Be Extended to the "Four Stops" in Colon
The National Economic Council (CENA) approved $218.5 million dollars for the Ministry of Public Works (MOP) to extend the Madden Highway as far as the "Four Stops" in Colon. The Deputy Minister of Economy and Finance, Frank De Lima, said when this draft Addendum is signed with the Concessionaire Madden (Odebrecht) the institution can finish the interconnection from Madden to Quebrada Loopez, and then from there to the Four Stops in Colon. Meanwhile, for the IDAAN the CENA approved a request for an exemption for a requirement to hold a public bidding process, in order to sign an agreement with the Bocas Fruit Company LLC for $937,393 for the supply of electricity in IDAAN facilities located in Almirante and Changuinola. The CENA also approved a draft lease with investment and preferential rights for the Ministry of Economy and Finance, to sign a contract with the company PETROPORT, SA, for the lease with option to buy 12 hectares of land in the area of Isla Telfers, in Cristóbal, in order to expand the petroleum free trade zone. (Source - La Critica)
Editor's Comment: Right now the new highway towards Colon ends just before Sabanitas. This $218.5 million dollars will be spent to extend the road as far as the "Four Stops" just outside of the City of Colon proper. Great. The more highways the merrier. You can now fly on that new road to Colon and get there in no time flat (on the highway) then you immediately drop back down into the muck where the road ends.
