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Odebrecht wins $945 million more in Panama contracts

Monday, March 21, 2011

Brazilian constructor Odebrecht won two tenders that will add $945.5 million to its already extensive portfolio of projects in Panama.

Odebrecht came out top in the contract for the reordering of Panama City’s traffic and urban development. Its $776.9 bid under cut offers from Mexico’s ICA and Spain’s FCC.

The second contract involves the conservation of the capital’s historic neighborhoods.

Original source (in Spanish): Panamá América