ACP Inspects Scale Model of New Locks
The Board of Directors of the Panama Canal Authority (ACP) discusses with the International Advisory Commission issues relevant to the Canal.
Monday, October 18, 2010
The Advisory Board and the Panama Canal Authority (ACP) will have its eighteenth meeting in Lyon, France, in order to inspect the physical model developed by the Compagnie Nationale du Rhone and see how the locks work at Berendrecht, Antwerp, Belgium, considering these are the models which have been adopted for the expansion of the Panama Canal.
From January to March of this year 12 bids will be held, while the new locks are scheduled to put to tender during the second quarter.
The Panama Canal Authority (ACP, by its initials in Spanish) will receive the technical and price proposals next March 3rd for the design and construction of the third set of locks.
As soon as the third set of locks starts operating, the Canal Authority plans to develop logistics and industrial projects in the thousand hectares located west of the waterway, near the former Rodman base.
The winner consortium presented a $3,1 billion offer for the design and construction of the new set of locks of Panama Canal.
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