Bids due January for Pacific entrance to Panama Canal

Wednesday, September 12 2007 @ 12:03 PM UTC

Contributed by: Don Winner

Bids to open for dredging to expand the Panama Canal
Bids to open for dredging to expand the Panama Canal
Sand And Gravel.com - Business News America reports that bids will be due on January 28th 2008 for a contract to dredge the Pacific entrance to the Panama Canal. Quoting a statement from the Panama Canal Authority, the report said the contract will call for the dredging of 9.1 million m3 of material, in order to widen the navigation channel on the Pacific side by 218m, and increase water depths to 15.5m. The work is needed to accommodate a new, third set of locks that will be built as part of ACP's canal expansion project. Work building the locks is expected to begin between July and September 2008. Business News America said the new set of locks is part of a US$5.25 billon project to expand the canal and double its capacity.

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Panama Guide
http://www.panama-guide.com/article.php/2007091208035184