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Panama Canal expected to triple profits by 2014. Target is to achieve $3 billion a year in net gain

Monday, August 15, 2011


\ The Panama Canal today celebrates its 97th anniversary amid a $5.25 billion expansion project that is 28 percent complete.\ \ When the works is completed, the Panama Canal Authority expects that its current annual net profit of $1 billion will be increased three-fold.\ \ The authority says that the canal’s mission is to increase the slice the profits that go to ordinary Panamanians. \ \ \ \ Original source (in Spanish): Panamá América\ \ \ \