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French tours £1.9bn Panama Canal expansion

As part of the ICE’s 4th Americas Convention in Panama City, ICE President Geoff French, right, was given a VIP tour of the $3.2bn (£1.9bn) expansion of Panama Canal by Panama Canal Authority (ACP) executive manager Jorge de la Guardia.

Panama

During a visit to the construction of the new locks at Gatun Lake, French heard that the Panama Canal expansion scheme will give ships up to 55m wide access to some of South America’s busiest trade routes. Delegates also visited the Miraflores Lock on the Pacific coast, currently used by up to 35 ships a day, carrying up to 5,000 TEUs (twenty foot equivalent units).

Now in its centenary year, the Panama Canal has become one of the world’s key trade routes.

French heard that demand for civil engineers in Panama’s growing economy is increasing. At meetings with the Technical University of Panama and at the British Embassy to Panama, the President heard of the need to deliver new infrastructure assets to support Panama’s economic growth. The ICE and its representatives in Panama will continue to engage with its stakeholders to explore opportunities for its members in the Americas.

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