Panama inaugurates Canal expansion project

The expansion will build a new lane of traffic along the Canal through the construction of a new set of locks, which will double capacity and allow more traffic and longer, wider ships. The event inaugurated the first construction project under the scheme: a dry excavation project on Paraiso Hill that begins the construction of the new Pacific Locks access channel, which will ultimately connect the Gaillard Cut to the new Pacific Locks.

“It’s a historic day. Expansion will have a significant role in world trade and the maritime industry. This project brings a true sense of pride and a real sense of responsibility,” said ACP Board of Directors Chairman and Minister for Canal Affairs Dani Ariel Kuzniecky. “We are grateful for the tremendous support of this project and we are honoured by the presence of government officials from around the world, particularly former US President Jimmy Carter.”