The two consortia are Odebrecht and Hyundai Joint Venture (Brazil-Korea), and Acciona Infraestructuras and Tradeco (Spain-Mexico). The sole company bidding for the contract is Vinci Construction Grands Projets of France.
The bridge will be located three kilometres north of Gatun Locks and the new post-Panamax locks on the Atlantic side province of Colon. It will ease crossing the canal. The bridge design is inspired on similar infrastructure work in countries such as Spain, Korea, France, China and Japan. The double-plane, twin pylon, cable-stayed bridge will feature two lanes of traffic in each direction.