Business & Commerce

ACP Invests $320 million in Modernization Projects

Topics::

Panama Canal Authority, Widening of the Panama Canal, Panama Canal, Logistics, Infrastructure and Construction, Panama Canal, Panama

Source: estrelladepanama.com
Tuesday, June 2, 2009

Investments in lock lighting and the purchase of five tugs boats, among others, have been made to improve the service.
The improvements, according to the Panama Canal Authority (ACP), have increased daily traffic and provided greater security.

Laestrella.com.pa published: "According to the ACP, investments reached $320 million in projects such as a new locomotive turntable system and rails, a second mooring station and the replacement and conversion of the fleet of boats for the Canal."

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