Panama Canal Expansion RFP Issued for Pacific Side
The massive $5.25–billion expansion of the Panama Canal took a large step forward on Sept. 11 when the officials with the the Panama Canal Authority released a request for proposal for the first major excavation – the dredging of the Pacific entrance to the waterway.
Dredging approximately 9.1 million cubic meters from the Pacific Ocean entrance to the canal will allow passage of the larger ships that will be using the waterway when the expansion project is completed in 2014.