Canal Locks Construction at 10%

The construction of the new set of locks is 10% completed.

Thursday, February 10, 2011


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The announcement was made by Antonio Zaffaroni, director of United Group Channel Consortium, the project developer.

"We are placing the concrete which will remain at the foundations of the locks in the Pacific and Atlantic," the executive told Prensa.com.

More on this topic

Canal Locks to Come From Italy

May 2011

The Italian company Cimolai will manufacture the gates for the new Panama Canal locks.

The 16 twenty eight foot gates that make up the locks of the new Panama Canal will be built by an Italian company that was subcontracted by Grupo Unidos por el Canal, led by the Spanish company Sacyr Vallehermoso.

Panama Canal Expansion: 70% of Contracts Already Awarded

October 2009

Up to September, the Panama Canal Authority had awarded contracts for $3.674 million, 70% of the total cost of the project.

One of the most important contracts remaining is the one involving dry excavation for ship navigation on the Pacific side.

Newspaper Prensa reported: "In its last quarterly report, the institution reported the awarding of the largest contract: the $3.118 million construction of the third set of locks, won by Group Unidos por el Canal".

August 25th: Key Date for the Canal

August 2009

The Panama Canal Authority ordered consortium "Grupo Unidos por el Canal" the start of construction works.

In the issued order, "GUPC is told that works must begin on August 25th, 2009. From that date on, the consortium has 1.883 days to deliver the project".

"Grupo Unidos por el Canal" is composed by Sacyr Vallehermoso S.A.

Canal Locks Contract Awarded

July 2009

The PCA announced yesterday that Consortium Grupo Unidos por el Canal will design and build the waterway's new set of locks.

The award is done after verifying the financial capability of the consortium and that its members have not broken any of the rules imposed by the Panama Canal Authority (PCA).

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