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Panama Canal

Sector: Raw Materials • Location: Panama

Source: International Finance Corporation (IFC)

Project
Active

The project is to increase the Panama Canal’s capacity and efficiency through: - the construction of a third set of locks including two lock facilities with water-saving basins at the Atlantic and Pacific ends; - the deepening of the Pacific and Atlantic entrances of the Panama Canal, and - the deepening and widening of the navigational channels of the Gatun Lake, the deepening of the Culebra Cut

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Project Information

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The project “Panama Canal” is an infrastructure initiative in the Raw Materials sector, located in Panama. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

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active

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Description

Description

The project is to increase the Panama Canal’s capacity and efficiency through: - the construction of a third set of locks including two lock facilities with water-saving basins at the Atlantic and Pacific ends; - the deepening of the Pacific and Atlantic entrances of the Panama Canal, and - the deepening and widening of the navigational channels of the Gatun Lake, the deepening of the Culebra Cut and the elevation of Gatun Lake’s maximum operational level. The Panama Canal, an inalienable patrimony of the Panamanian nation; since the assumption of Panamanian control on December 31, 1999 it has been administered by the Panama Canal Authority (“ACP”), an autonomous legal entity of the Republic of Panama.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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