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Panama's logistics sector hit by Canal delays

Tuesday, May 27, 2014


 

Delays in the Panama Canal expansion project have hit the country's logistics sector.

The delays, caused by a dispute with the contractor responsible for the project, GUPC, and workers' strikes, has caused the logistics sector to lose some $700 million, according to authorities.

Panama currently has several projects aimed at improving its logistics sector, such as building new ports on the Atlantic and Pacific coasts and industrial parks.

Full story (in Spanish)