Building the Panama Canal Bigger

Building the Panama Canal Bigger: The Panama Canal Authority received four bids for the latest segment of an excavation project that is part of the canal authority’s construction of locks to handle 12,500-TEU container ships by 2014.






President Theodore Roosevelt, T the Culebra Cut During the Digging of the Panama Canal, 1906

Photographic Print

Buy at AllPosters.com



The agency said the PAC-4 contract, the fourth in the dry excavation of the locks, will be awarded in the coming weeks after analysis of technical and financial details.

Bidders and their prices were Odebrecht, $379.8 million; Jan de Nul-Chec, $359.1 million; FCC-ICA-Meco, $267.8 million, and ISC Panama, $294.9 million.

Jorge L. Quijano, the canal authority’s executive vice president of engineering and program management, said the PAC-4 project is the most complicated part of the canal expansion except for the locks themselves.

Read entire article about building the Panama Canal Bigger here.