Panamanian Dredging Kickoff
Manning the controls of a large cutter suction dredge, Panamanian President Martín Torrijos kicked off the Pacific sea entrance dredging work for the waterway’s expansion on Nov. 17. He was accompanied by First Vice-President and Minister of Foreign Affairs Samuel Lewis Navarro, Panama Canal Authority (ACP) Board Chair and Minister of Canal Affairs Dani Kuzniecky and ACP Administrator/CEO Alberto Alemán Zubieta. In April 2008, the ACP awarded Belgium-based Dredging International the $177.5 million contract to dredge the Pacific sea entrance…
Panama Canal Execs Consider Expansion Benefits
The Panama Canal Authority (ACP), along with the Government of Panama, participated in The Business Roundtable, organized by Economist Conferences, a division of the Economist Intelligence Unit in Panama. During the forum, Vice President and Minister of Foreign Affairs Samuel Lewis Navarro, ACP Board of Directors Chairman and Minister of Canal Affairs Dani Kuzniecky, ACP Administrator/CEO Alberto Alemán Zubieta and Coyne et Bellier’s Executive Vice President for Strategy and Development, Jean Binquet discussed the importance of the Canal’s expansion as one of the main projects for the country’s economic development. Panama is leveraging its two primary assets, its natural geographic position and the Panama Canal, to create an aggressive development strategy.
