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Panama Canal expansion ready by early 2016

Wednesday, September 10, 2014

Panama's president says the major expansion of the Panama Canal will be completed in time to open for business in the beginning of 2016.

The project is expected to be finished in December 2015, and President Juan Carlos Varela says it will open early the following year, despite construction setbacks.

A dispute with the European consortium that is expanding the canal led to a two-week work stoppage earlier this year.

Source: AP