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.
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".