Panama Canal Expansion: SUNTRACS Workers Strike
- Business & Finance
The suspension of productive work on the Panama Canal’s Third Set of Locks Project that began on April 23rd, after a decision made by the Construction Workers Union (SUNTRACS for its initials in Spanish) while negotiating working conditions with the Panamanian Chamber of Construction (CAPAC), is keeping the construction paralyzed.
Once this strike call is suspended by SUNTRACS, progress on the project will be regained, announced gupc.com.
“Regarding recent statements made by the Panama Canal Authority (ACP), GUPC would like to reiterate this inactivity is out of their control and responsibility. However, we would like to stress that GUPC has made the expected and mandatory notifications, therefore reserving their rights in full compliance with the contract signed between the parties involved,” they stated.
As expressed by ACP, the impacts can only be assessed after the conflict has ended.
Press Release, May 8, 2014