Canal Locks Contract Awarded
The PCA announced yesterday that Consortium Grupo Unidos por el Canal will design and build the waterway's new set of locks.
Thursday, July 16, 2009
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).
Before August 19, the Panama Canal Authority will order for starting construction of the third set of locks of the Panama Canal.
The Panama Canal Authority ordered consortium "Grupo Unidos por el Canal" the start of construction works.
The Canal Authority and contractors from the Sacyr consortium, Impregilo and Jan de Nul signed the agreement reached to resume the works.
The winner consortium presented a $3,1 billion offer for the design and construction of the new set of locks of Panama Canal.
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