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.
Up to September, the Panama Canal Authority had awarded contracts for $3.674 million, 70% of the total cost of the project.
The PCA announced yesterday that Consortium Grupo Unidos por el Canal will design and build the waterway's new set of locks.
The Panama Canal Authority ordered consortium "Grupo Unidos por el Canal" the start of construction works.
Before August 19, the Panama Canal Authority will order for starting construction of the third set of locks of the Panama Canal.
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