Vinci offered the lowest price, below the official budget, in a public tender in which the Brazilian-Korean joint venture Odebrecht – Hyundai and the Spanish-Mexican consortium Acciona – TRADECO also participated.
ACP awarded the bid under Article 3 of Law 28 of July 17, 2006 – the legislation under which the construction of the third set of locks for the Panama Canal was authorised. That legislation mandated the construction of a road bridge on the Atlantic side to link both canal banks that will foster the development of Colon province.
The double-plane, twin pylon, cable-stayed bridge design is similar to those in other countries including Spain, Korea, France, China and Japan. Standing 75 m above sea level and 4.6 kms long the bridge will feature two lanes of traffic in each direction.