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Panama aims at end June for delayed canal expansion

Thursday, March 10, 2016


Panama is aiming to inaugurate its newly expanded canal at the end of June, the head of the state canal authority said, nearly two years behind schedule and $2 billion over budget.

Completion of the massive, multibillion-dollar project had originally been set for October 2014 but has been successively pushed back because of construction and labor problems, legal issues and the discovery last year of fissures in one of the widened locks.



Source: AFP