Panama's Infrastructure Surge: B/.590 Million Investment Creates 45,000 Jobs

Panama's Public Works Ministry Announces Major Road Projects, Creating Thousands of Jobs Panama City, June 11, 2025 – Panama's Minister of Public Works, José Luis Andrade, recently announced a major boost to the nation's infrastructure. The ministry is managing projects totaling over B/.453 million, with plans to tender another B/.136 million before year's end. This initiative is expected to create 15,000 direct and 30,000 indirect jobs, significantly impacting Panama's economy. Minister Andrade emphasized the efficient management of these projects, stating, "This reflects an efficient management, oriented toward the strengthening of national infrastructure and the economic reactivation of the country." He highlighted several key projects, including the reactivation of the Chitré interchange, which has seen progress from 24% to 72% completion in under a year, and the ongoing work on the fourth bridge over the Panama Canal, now at 20.34% completion after overcoming a four-year delay. The ministry also addressed infrastructure damage from the intense rainfall in October and November 2024, investing B/.120 million in emergency repairs. Andrade noted, "We prioritized emergency projects and the execution of key infrastructure works." Looking ahead, the ministry plans to continue the Corredor de Las Playas highway expansion and start work on the Campana bypass in 2026. The positive impact of these projects extends beyond job creation. Improved roads will enhance transportation, trade, and overall economic activity. The successful completion of these projects will strengthen Panama's infrastructure and contribute to its continued economic growth.