Panama Canal expansion will be completed by the end of 2015

The group Unidos por el Canal (GUPC), led by Sacyr, and the Panama Canal Authority (ACP) have reached a final agreement to complete the works of the Canal expansion project in December 2015. Through the agreement it is sought to fulfill the objectives of the Memorandum of...

Panama Canal Expansion will end on December 2015

Yesterday night was reached an agreement to resolve the crisis that paralyzed the works of Panama Canal expansion, between the State Panama Canal Authority (ACP) and the construction companies that form the conglomerate Grupo Unidos por el Canal (GUPC.) In summary, the agreement...
The Panama Canal gives one week to Sacyr to reach an agreement

The Panama Canal gives one week to Sacyr to reach an agreement

The administrator of the authority of the Canal of Panama (ACP), Jorge Quijano, announced that the financial conflict with the Grupo Unidos por el Canal (GUPC), dispute that from February 5 has paralyzed the enlargement works of the inter-oceanic canal, must be definitely...

Sacyr seeks agreements to not paralyze The Works in The Panama Canal

Manuel Manrique, President of Sacyr consortium in charge of the expansion of the Panama Canal, said the project will be completed despite the open conflict caused by the additional costs requested by the infrastructure manager. Manrique said that they are working on different...