A detour-filled drive across PanamaMonday, August 18, 2008 In high-rising heat, Bernal Jr. grabs a coconut and, with a few swift whacks on a stake in the sand, removes its husk. Bernal laughs and tosses it onto a pile of others, to wait. Contracts Worth $4 Billion Awarded by Panama CanalTuesday, July 27, 2010 On 30 June the Panama Canal Authority (ACP) awarded over $4 billion worth of contracts. The contracts relate to canal expansion works with a total value of $4.041 billion. Panama Canal Extends Deadline for Dry Excavation BidsTuesday, December 1, 2009 The deadline for submitting bids for the fourth and last dry excavation project was postponed to December 10th. The original deadline was December 3rd, but the Panama Canal Authority decided to give companies more time. Panama Canal Expansion Awarded $4 Billion in ContractsTuesday, May 25, 2010 As of March 2010, the Panama Canal Authority (PCA) had awarded $3,993 million in contracts related to enlarging the Panama Canal. $331.7 million have already been disbursed, according to data from the PCA. Panama Canal: $339 million given in contractsTuesday, January 27, 2009 As of 31 December 2008, the ACP recorded a total of $339.469 million in more than 100 contracts granted for the expansion project. Laestrella.com.pa reports: "The reports says that the Panamanian company, Constructora Urbana, S.A. (CUSA) has advanced 79% with the first phase of the excavation of the access passage for the Pacific locks. Some 5.8 million cubic meters of dirt from the Paraiso hill have been excavated from the total of 7.4 million included in the contract. 10 Years of Panamanian Administration at the CanalMonday, January 4, 2010 On December 31st, 2009, Panama celebrated 10 years administering the Canal. Alberto Alemán, head of the Panama Canal Authority (PCA), remarked the benefits the country has reaped in this decade of Panamanian administration of the Canal, evidenced in more than $4.7 billion delivered to the National Treasury since 2000. 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 Expansion to be Awarded in JulyWednesday, May 6, 2009 Experts are reviewing technical aspects of the largest contract worth $5.25 billion, and contract adjudication is expected by July. The president of the Panama Canal Authority (ACP), Alberto Alemán, made the announcement at the Reuters Investment Forum on Latin America. $400 million for widening of Panama CanalWednesday, October 8, 2008 The Inter-American Development Bank approved a loan today for the widening of the Panama Canal, the biggest infrastructure project underway in Latin America. "The IDB has been a strong ally of Panama for almost 50 years," said the president of the bank, Luis Alberto Moreno, in a release. "We are proud of being able to support this key investment in the future of Panama's biggest asset, especially at time of uncertainty in international financial markets," Moreno added. ACP Invests $320 million in Modernization ProjectsTuesday, June 2, 2009 Investments in lock lighting and the purchase of five tugs boats, among others, have been made to improve the service. The improvements, according to the Panama Canal Authority (ACP), have increased daily traffic and provided greater security. 2009, the year for bids at the Panama CanalFriday, January 16, 2009 From January to March of this year 12 bids will be held, while the new locks are scheduled to put to tender during the second quarter. Laestrella.com.pa reports: "According the ACP, four consortiums which pre-qualified to take part in the bidding are preparing their proposals. Panama Canal Expansion: 70% of Contracts Already AwardedWednesday, October 28, 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. Canal Locks Construction at 10%Thursday, February 10, 2011 The construction of the new set of locks is 10% completed. The announcement was made by Antonio Zaffaroni, director of United Group Channel Consortium, the project developer. 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. Interview with Panama Canal authority, Alberto Alemán,AMonday, January 21, 2008 The world's eyes are on the Panama Canal's US$5bn-plus expansion, Latin America's largest infrastructure initiative. BNamericas spoke with the CEO of the Panama Canal authority (ACP), Alberto Alemán, to learn more about this project and its consequences for Panama and the rest of the region. |
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