Call for Bids for the Final Contract of the Panama CanalThursday, July 2, 2009 A call for bids will begin at the end of July for the fourth and last contract for the dry excavation of the Expansion Program of the Panama Canal. The Panama Canal Authority (PCA) has scheduled the publication of the terms of the contract, which is considered the second most important of the expansion project, at the end of July. Panama Canal: $296 million in contractsThursday, July 31, 2008 The Panama Canal Authority, in charge of the canal's expansion pr6oject, has awarded contracts for $296 million up to June 30. The details of these contracts and the state of progress of the work are featured in the VII quarterly report delivered by the Canal Authority to the General Assembly, the Executive and the Office of the Comptroller General of the Republic. Panama looking to become global logistics centerTuesday, August 26, 2008 The widening of the Canal will keep the country in the center of global trade and will provide the opportunity for it to become a global logistics center. Estimates from the Panama Canal Authority (ACP) project that the container load passing through the Canal will grow by an annual rate of 5.6%, up from 98 million tons in 2005 to close to 296 million tons in 2025. Tender for third set of locks suffers setback againFriday, October 24, 2008 The tender for the most important expansion of the Panama Canal, for $2.73 billion, has accumulated a 7 month delay. The Panama Canal Authority said, however, that the execution of the Widening Program will not be affected and that the decision was taken "in response to the request by some of the consortiums in order improve their proposals. Panama Could Build Road Linking Howard and the Centennial BridgeFriday, January 29, 2010 The Panamanian Government is assessing the feasibility of building a road linking the special Economic Area Panama Pacifico and the Centennial Bridge. A commission with members from the Panama Canal Authority, the Public Works Ministry, the Justice Ministry and the National Environment Authority are evaluating three possible routes to the west of Panama City. Panama to have new Pacific container terminalWednesday, April 16, 2008 A US$70 million container port is to be built in the Pacific Coast sector of the canal zone, under a concession granted by the government to PSA Panama International Terminal, a unit of Singapore-based PSA International. The concession won approval of the National Assembly on April 15. The new port, which is to have a handling capacity of half a million TEU, is the second of its type in the Pacific Coast sector, and will be PSA's first in Latin America. Panama Canal bidders given more timeWednesday, May 7, 2008 The deadline for the presentation of bids for the design of new locks on the Panama Canal has been stretched by 47 days, the canal authorities said. Four consortiums have qualified to present bids for the contract. Canal authorities said the tender's new deadline still fits within the overall timetable for the expansion project. MWH Global lands $4.4M Panama Canal contractWednesday, January 11, 2012 MWH Global has won a $4.4 million contract with the Panama Canal Authority (ACP), the Broomfield company reported Tuesday. MWH will provide preliminary and final design services for the new Gatun Lake spillway, which controls the lake’s water level. The lake provides water for Panama City and flood protection, and also is involved in operating the navigation locks of the Panama Canal. Canal Expansion Project to Hire 7.000 PeopleMonday, April 5, 2010 “Grupo Unidos por el Canal” (GUPC), announced it will hire 7.000 workers over the next three years to build the new set of locks. To do so, they will organize job fairs on April and May, explained Antonio Zafarroni, head of the consortium. Construction of Visitor Center on Expanded CanalTuesday, July 10, 2012 The Panama Canal Authority is calling for companies interested in a concession for a visitor center on the Third Set of Locks. The ACP statement noted that the observation center buildings will have administrative and customer services, an observation tower, public squares, parking areas, restaurants and cafes, shops and salons. It will be located in the area of Cocolí, on the west bank of the Panama Canal. Financing for the widening of the Canal will be ready in DecemberMonday, September 1, 2008 Panama Canal Authority (ACP) has proposed having ready all financing necessary for the completion of the construction of the third set of locks by the end of the year. They are in negotiations with the Inter-American Development Bank, the European Investment Bank and the Japanese Bank for International Cooperation, amongst others. New Canal Opening Confirmed for April 2015Thursday, February 28, 2013 Originally planned for October 2014, the opening of the Panama Canal expansion will be delayed because of problems in the quality of concrete used, among other reasons. Originally planned for October 2014, the opening of the Panama Canal expansion will be delayed because of problems in the quality of concrete used, among other reasons. Panama: Excavation project to be tendered at the end of the monthWednesday, August 20, 2008 At the end of August the bidding process for the third phase of the dry excavation of the navigation channel on the Pacific. 8 million cubic meters of materials will have to be excavated for this project which will be the continuation of phase 1 which is currently underway and is 57% completed. Tender for Landfill for $170 millionFriday, February 24, 2012 The Panama Canal Authority is bringing forward plans to build an additional landfill, for $170 million, in order to prevent flooding. The Panama Canal Authority (ACP) has accelerated its plans for the construction of an additional landfill, for $170 million, with the goal of regulating increases in the level of the water basin and preventing flooding. Belgium Seeks to Invest in PanamaThursday, March 26, 2009 The governments of Belgium and Panama are planning to sign an agreement on promotion and reciprocal investment protection. Additionally, during the Belgian Prince's visit to Panama, the signing of an agreement between the Technum-Tractebel Company and the Panamanian Canal Authority (ACP) to provide advice on the expansion of the canal has been programmed. |
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