Panama Canal Authority denies late payments
Tuesday, December 22, 2015
The Panama Canal Authority said it was up-to-date with its payments to the consortium building a third set of locks for the inter-oceanic waterway, the centerpiece of a multi-billion-dollar expansion.
The consortium, led by Spanish construction company Sacyr Vallehermoso earlier accused the authority of continued payment delays and said those issues were postponing completion of the project.
Source: Efe