Boskalis Westminster has been awarded a €55 million (US$ 58 million) deal to construct an artificial residential island off the coast of Punta Pacifica, Panama City, Panama.
The project, which is owned by Compañía Insular Americana, follows an initial island scheme developed by the Dutch-based dredging and maritime infrastructure firm in 2013.
For its latest contract, the company will create a 9 ha area of land with 600,000 m3 of rock to form a perimeter. This will be filled with 1.3 million m3 of sand. A bridge will also be built connecting the two artificial islands.
Scheduled to begin in the second half of 2015, barges and tugboats will be used to transport the rock, with excavators used to install its perimeter. The island will be filled with sand supplied by a large trailing suction hopper dredger.
The scheme is due to be completed within two years.