panama national newsbrief

Week in Review Vol. 38#2

BRIDGE WORK

The Ministry of Public Works (MOP) reported that the design and construction of the Fourth Bridge over the Panama Canal is in its preliminary stage with topographic and geotechnical studies and identification of the areas for the construction of roads. Through a statement, the MOP highlighted that it develops this through the Panama Fourth Bridge Consortium, made up of the companies China Communications Construction Company Ltd and China Harbor Engineering […]

Week in Review – Vol. 33 No. 48

National Newsbrief

POWER LOSS

The National Authority for Public Services (ASEP) canceled the final license granted to Panama NG Power company by the government of President Ricardo Martinelli to build a thermoelectric gas plant on Telfers Island in the province of Colón. It is the largest power generation project that was on schedule with 670 megawatts and represented an investment of over one billion dollars to begin operating in 2017. The company sent a message […]

Week in Review – Vol. 33 No. 47

National newsbriefs

HELPING HANDS

The Panama Canal Board approved delivering payments to the National Treasury for $1.03 billion for fiscal year 2014, exceeding the $64 million approved in the budget, as the result of effort and capacity of the more than 10,000 Panamanians who operate and manage the interoceanic waterway. “A month after 15 years of administrating the Panama Canal, an amount over $9.6 billion has been delivered directly as contributions to the Treasury by […]