Panama Canal expansion halted amid labor dispute
Tuesday, January 17 2012 @ 10:39 PM UTC
Contributed by: Don Winner
Monday’s labor stoppage was followed by a day of protests including the burning of tires, according to MSN News. Construction contractor the United Group has strongly denied the allegations, stating that it “fully complies with the pay and working conditions and it is very respectful of Panamanian regulations.” However, the United Group has admitted that the distribution of wages had been miscalculated by a local contractor due to what it calls “errors in the incorporation of data”. The United Group added that they are currently working on rectifying the situation.
The Panama Canal has generated a total of $6.6 billion for the Central American country since the control of the vital waterway was handed over by the United States over a decade ago. The Panama Canal expansion is scheduled to be completed by 2014. (porttechnology.org)