Belgium Seeks to Invest in Panama

The governments of Belgium and Panama are planning to sign an agreement on promotion and reciprocal investment protection.

Thursday, March 26, 2009

Additionally, during the Belgian Prince's visit to Panama, the signing of an agreement between the Technum-Tractebel Company and the Panamanian Canal Authority (ACP) to provide advice on the expansion of the canal has been programmed.

According to Dialogociudadano.com, "This agreement strengthens Belgian participation in the modernization of the Canal because the two largest Belgian dredging companies, Dredging International and Jan de Nul, are already part of the process.

More on this topic

Belgian Trade Mission to Visit Panama

February 2009

Between the 25th and 27th of March, a delegation of 40 businesspersons from the sectors of construction, energy, transportation and banking, among others, will be present at the country.

Roberto González writes in Prensa.com: "Construction, in general, and the Canal expansiion, particularly, are some of the most important attractions for the Belgian businesses.

Costa Rica Chamber of Commerce opens office in Europe

October 2008

The Chamber of Commerce will offer trade support services in Europe, via an office that it will open in November in the Belgian city of Brussels.

The new office will offer several services to facilitate access for Costa Rican products to the European market, the business group reported in a release.

Agreement to Complete Canal Expansion Formalized

August 2014

The Canal Authority and the consortium Grupo Unidos por el Canal have reached agreements to complete work on the third set of locks.

From a press release issued by the Panama Canal Authority (ACP):

The Panama Canal Authority (ACP) and the contractor Groups Unidos por el Canal (GUPC) signed the contract on Friday formalizing the agreements reached last March to complete the Third Set of Locks construction project.

Jan de Nul Wins $89.6 Million Canal Dredging Contract

September 2009

Belgium company Jan de Nul N.V. was awarded the contract for dredging the Atlantic entrance of the Panama Canal expansion.

The contract is worth $89.6 million, and was awarded to the lowest bidder, informed the Panama Canal Authority.

"The rest of the bidders and their economic proposals: Joint Venture Boskalis Dredging International ($177.611.840); Van Oord Dredging ($162.182.828); China Harbour Engineering Co.

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