Canal Expansion Will Employ 7.500 Workers

The construction of the third set of locks at the Panama Canal will require over 7.500 workers in five years.

Friday, August 7, 2009

"The figures are provided by Grupo Unidos por el Canal, winner of the design and construction contracts for the third set of locks", said Alberto Alemán Zubieta, head of the Panama Canal Administration.

Additionally, Alemán also said that "... dredging works in the Atlantic will require 200 workers, and the fourth phase of the Pacific Access Basin will employ 400 people".

More on this topic

Negotiations for Temporary Licenses for Waked Companies

May 2016

In order to protect sources of employment the Panamanian government wants the US to grant permissions so that Waked Group companies can temporarily transact with US citizens and businesses.

From a statement issued by the Ministry of Economy and Finance (MEF):

Objective is to protect the jobs of Waked companies

FDI in Costa Rica during 2009

January 2010

29 new foreign investment projects in high technology services, medical devices and advanced manufacturing.

The Costa Rican Investment Promotion Agency (CINDE), indicated that 29 new foreign investment projects that arrived in the country in the high technology services sector, medical devices and advanced manufacturing, in conjunction with the companies already installed, generated 5,730 new jobs and US $304.6 million during 2009.

Labor shortages boost wages in region

April 2008

Competition is heating up in Central America for labor in sectors such as agriculture, construction and domestic service.

Wages are increasing rapidly because of the shortage in Panama, Costa Rica and El Salvador.
In Panama and Costa Rica alone, some 300,000 workers need to be imported for harvests and the modernization of the Panama Canal, according to the World Migration Organization.

Panama and Costa Rica will need to import 300,000 workers: IOM

April 2008

Costa Rica and Panama will have to import about 300,000 workers over the next few years to ensure the harvest of their agricultural products and the modernization of the Panama Canal, an official from the International Organization for Migration (IOM) says.

The IOM director for Mexico and Central America, José Pirés, said these countries will have to import workers from Bolivia, Ecuador, Colombia, Cuba or Brazil to meet the demand for workers.

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