A Third Bridge Over The Panama Canal Will Cost $300 Million Dollars
Tuesday, April 05 2011 @ 02:27 PM UTC
Contributed by: Don Winner
Miguel de la Borda - Currently the end of the road along the Lower Coast of the province of Colon.
Editor's Comment: This new bridge is a big deal that will play a role in opening up the "Lower Coast" of the province of Colon to development. If you want to see what's in play, drive over there one of these days. You can get to Sabanitas from Panama City in no time thanks to the new highway. Drive down to the "cuatro altos" (four stops) and turn left into the former Canal Zone. Drive down to the Gatun Locks of the Panama Canal and go across the bridge (after waiting for the ships to pass) but don't go straight like you would to go to Fort Sherman. Turn left and go around behind the back side of Gatun Lake. Turn right at the road that goes to Achiote and Piña. This road will drop you down onto the "lower coast" of the province of Colon. When the road hits the coast turn left (away from Piña) and follow it all the way down to Miguel de la Borda, past Nuevo Chagres, Palmas Bellas, Salud, La Ensenada, Vista Hermosa, and Gobea. Currently the road ends at Miguel de la Borda and there is no bridge over the river there. However, there are plans to link Colon and Bocas del Toro with a road all the way along this coast. When that happens, then land values all along this coast will skyrocket. Just the construction of the new bridge will open this entire area up, thanks to improved access to civilization. Right now it's mostly just sleepy little (drug trafficking) fishing villages. That's going to change. Smart investors with cash will buy now and sit, then sell once the new bridge opens. Just a few years ago this road was dirt and mud and you needed a 4x4 to get to Miguel de la Borda. The road was improved and paved during the administration of Martin Torrijos and the last time I went there you could do it in a Corolla, however it's been awhile and I don't know that condition the road is in now. I've been over there lately, just not all the way down to Miguel de la Borda, so if you do it please take pictures and send me a road-trip report...