Panama Canal Expansion – August 2015 (VIDEO)
- Business & Finance
The Panama Canal Expansion Program August 2015 progress update has been just released.
The Expansion Program, largest infrastructure project since the waterway’s original construction, will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity.
The new locks will have three chambers, water-saving basins, lateral filling and emptying system & rolling gates.
As of the end of July, the overall Expansion Program of the Panama Canal stood at 94 percent complete.