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Panama rejects lawsuit over Canal project

Wednesday, May 29, 2013

The Panama Canal Authority has rejected a lawsuit from GUPC, the company in charge of building the third set of locks in the Canal expansion project.

The lawsuit was for $573 million, and GUPC claims there is a breach of contract.

The Canal project has a six-month delay, which the company attributes to a slow authorization process for new cement mixes from the Authority.

Source (in Spanish): La Estrella