Canal Locks Construction at 10%

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

Thursday, February 10, 2011


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

More on this topic

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".

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).

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 Works to Start in September

August 2009

Before August 19, the Panama Canal Authority will order for starting construction of the third set of locks of the Panama Canal.

7 days after the Canal Authority gives the order, the consortium "Grupo Unidos por el Canal" (GUPC), will have 1.883 days to complete the project.

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