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Country risk survey monitoring political and economic stability of countries around the globe

January 2009

Panama: Expansion plan puffs canal

by Chloe Hayward


Despite a collapse in bank financing lines and the export markets, the Panama Canal expansion project will be an attractive investment in 2009, according to the Panama Canal Authority.

The project secured funding from five multilateral agencies in November and strong competition is expected for the coming licence auctions.

In March 2009, the Panama Canal Authority (ACP) will finally award the new locks contract...


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