Panama Canal Expansion Project – February 2016 Update
- Business & Finance
With only few months left till the official opening of the expanded Panama Canal, the ACP (Panama Canal Authority) and Grupo Unidos por el Canal (GUPC) have just released their latest video on the expansion project.
Panama Canal Expansion Project, also called the ‘Third Set of Locks Project‘, is the largest infrastructure project since the waterway’s original construction.
When fully complete, the new set of locks will double the capacity of the Panama Canal, creating a new lane of traffic and allowing larger ships, the New Panamax size, to travel the canal.