Transeq to Rehabilitate Randolph Avenue for B/.15.7 Million; Work to Take One Year

The Panamanian government has greenlit a $15.7 million contract to reconstruct Randolph Avenue, a vital artery for cargo transport in Colón. The project, awarded to Transeq, S.A. through an exceptional procedure, is slated for completion within one year and includes an additional three years of maintenance.

The decision, formalized by Cabinet Resolution No. 87-26 on August 18, 2026, addresses years of deterioration and persistent demands from the logistics sector. Randolph Avenue is a primary route for freight movement in Colón, heavily utilized by vehicles involved in the province's commercial, industrial, and logistics activities.

This approval follows direct appeals made by users and representatives of the logistics sector to President José Raúl Mulino during a logistics cabinet meeting in Colón on July 23. Public Works Minister José Luis Andrade confirmed that the project arose from these concerns, specifying that the avenue will be rebuilt with 13-centimeter thick concrete slabs.

The rehabilitation aims to address significant wear and tear, including cracks, potholes, deformations, surface wear, loss of structural capacity, and drainage system deficiencies. The project will restore the road's structural integrity, improve traffic flow, optimize drainage, and reduce future maintenance costs. This intervention is expected to enhance the efficiency and continuity of cargo movement, benefiting the numerous businesses and operations reliant on this critical infrastructure connecting Colón's commercial hubs, industrial zones, ports, and the Colón Free Trade Zone.

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This road will now be made of concrete, with 13-centimeter thick concrete slabs.