Belgium Firm Awarded Major Contract For Panama Canal
The Panama Canal Authority (ACP) has awarded a $177.5- million dredging contract to a Belgium firm to widen and deepen the Pacific entrance to the canal as part of the $5.25-billion expansion of the waterway.
ACP awarded the contract to Dredging International N.V., based in Zwijndrecht, near Antwerp. The award is “is a critical next step in the creation of the new lanes,” says Jorge Quijano, ACP executive vice president for engineering and program management.