Business & CommerceACP Invests $320 million in Modernization Projects
Source:
estrelladepanama.com
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." Related resources 2009, the year for bids at the Panama Canal - Jan 16 09 (32%) Canal gives push to the economy of Panama - Aug 15 08 (30%) Panama Canal secures financing - Dec 10 08 (28%) Panama Canal Extends Deadline for Dry Excavation Bids - Dec 1 09 (28%) ![]() more articles
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