wednesday, march 21, 2007
The Panama Canal
As the $5.2 billion effort to expand the Panama Canal begins to gain headway, the Panama Canal Authority has started giving a peek into the scheduling of this massive project.Earlier this month, the authority - which oversees the management of the canal - held an infoconference to provide details on the seven-year project for companies interested in participating.
Some 600 representatives from 222 firms and 34 countries attended the three-day Panama City conference held on March 8-10 in Panama City, Panama. At the meetings the authority gave a rough timeline for the bids to be let for outside companies to take part in the project - the dredging of the ocean entrances, the dry excavation of the Pacific side lock channel and a single massive contract for both sets of locks.
My story on the announcement, Firms Eye Billions in Expansion Work at Panama Canal is in this week's issue of Engineering News-Record.
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