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Wednesday, September 18 2019 @ 03:09 am EDT

Expansion of Panama Canal Now "At Least One Year Behind Schedule" (Cover-up)

Canal ExpansionBy DON WINNER for - On Thursday, 1 December 2011 I published an article entitled Panama Canal Expansion - "A Train Wreck Waiting To Happen". The basic premise of that article is that the project to expand the Panama Canal is way behind schedule primarily due to mismanagement, that they are falling further and further behind with each passing day, and this simple fact is being covered up by the Panama Canal Administration. No one in the Panamanian press is talking about this issue. I'm the only one reporting on it. After the publication of that article I was approached by others with additional inside information who basically validated and confirmed what I have been hearing from other sources. They gave me more numbers and more data which was different and independent of what I have already received, but the new data and numbers confirmed, supported, and validated what I have already been told.

Bottom Line Up Front: The project to expand the Panama Canal is currently, today, right now - as of 6 December 2011 - already about one year behind schedule. Recently there was a big meeting convened of all of the primary project managers from all of the private companies involved in the project where they discussed these problems and concerns in an effort to rectify some of the key issues that are holding back progress. At this point they are supposed to have completed 28% of the total project, while in fact only 17% has been done. At this rate there is "no way in hell" the project will be ready for the target date of 15 August 2014 - the 100 year anniversary of the opening of the original Panama Canal. I asked one expert with access to insider information when the project will actually be completed and delivered, based on the rate of work being done and the actual progress being made on the ground, and he said - "I don't know, no one really does, but the one thing everyone is in agreement on is that it won't be ready by the projected date of 15 August 2014, that's for sure." As described in the earlier article, with each passing day they are falling further and further behind.

Not Being Reported - Anywhere Else: Yup. At this point I'm the lone voice in the wilderness. The public relations office of the Panama Canal Authority has not issued a single statement or report indicating that the work on the project is falling behind schedule. The Panamanian news media and press has not written or published a single article to that effect. The Panama Canal Authority issues a statement, and they repeat it, that's it. When foreign or international reporters come down here to cover the expansion of the Panama Canal, they are given access, shown the work that is being done (which is, in fact, considerable) and the progress that has been made. But so far no one is talking about the ever-slipping completion date, delays, missed targets, and incorrect projections. I suspect the administration of Ricardo Martinelli might be hoping to sit on it as long as possible, to just let the project advance and to make as much headway as possible - but the next general election will be held in May 2014. Sooner or later they are going to have to deal with this slipping of the projected completion date and delays, but so far - silence.

Copyright 2011 by Don Winner for Go ahead and use whatever you like as long as you credit the source. Salud.

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Expansion of Panama Canal Now "At Least One Year Behind Schedule" (Cover-up) | 1 comments | Create New Account
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Expansion of Panama Canal Now \"At Least One Year Behind Schedule\" (Cover-up)
Authored by: Anonymous on Tuesday, December 06 2011 @ 12:09 pm EST

A bigger surprise would be that the schedule would be met.