Panama Canal New Locks Announcement

Maritime Activity Reports, Inc.

July 21, 2009

Reporters crowded around Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta after the ACP announced Grupo Unidos por el Canal as the “best value” consortium to design and build the Canal’s new set of locks July 8.
 
Grupo Unidos por el Canal, composed of Sacyr Vallehermoso S.A., Impregilo S.p.A., Jan De Nul n.v. and Constructora Urbana, S.A., was one of three consortia vying for the contract and determined the winner through a fair, rigorous and transparent process put into place by the ACP.
 
Following a final review of the consortium’s price and technical proposals, the ACP officially awarded the contract to Grupo Unidos por el Canal July 15.

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