• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Get to know the Tourist Routes in Ecuador
Rice, palm and sugar cane growers join the dialogue with Minister Bernardo Manzano
International banks project that Ecuador will grow between 4 and 4.5% in 2022
Ecuador surpasses Colombia and Peru in GDP growth, generated by the agreement with the European Union, according to the Bloc’s counselor
6% of Ecuadorians over 15 years of age do not know how to read or write
The gross profit reached $77.8 million, in the first quarter of 2022, of Banco del Pacífico, which “will be sold in a few weeks”
Updating the limits of the Brotherhood Marine Reserve was published in the Official Registry
Ecuador approves goals and IMF will transfer USD 1,700 million this year
52 Ecuadorian entrepreneurs land in Israel, cradle of innovation
Ecuadorian textile companies take advantage of the global logistics crisis

Panama Canal Expansion will end on December 2015

Posted On 28 Feb 2014

Imagen 3Yesterday 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 indicates that the parties inject $ 100 million each, while the insurer Zurich becomes the bond of 400 million in loans.

Sacyr has confirmed this Friday at the National Marketing Commission (CNMV) that it had reached a “final conceptual agreement to resolve the financial problems affecting the project construction of the third set of Canal Locks.”

Jorge Quijano, ACP Administrator, stated that in any case “the agreement is pending review and signature. “The third set of locks will be completed within the terms of the contract, as demand since the first day,” he reiterated.

The new completion date is December 2015 and, according to Quijano and companies, between 65% and 70% of the work is completed.

About the Author
  • google-share
Previous Story

Arizona Gov vetoes controversial anti-gay bill

Next Story

Alianza País loses municipalities and prefectures in four provinces

SEARCH

LATEST NEWS

Get to know the Tourist Routes in Ecuador

Posted On 16 May 2022

Rice, palm and sugar cane growers join the dialogue with Minister Bernardo Manzano

Posted On 16 May 2022

International banks project that Ecuador will grow between 4 and 4.5% in 2022

Posted On 13 May 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net