HomeArchivePanama Canal Expansion Project Remains Secretive

Panama Canal Expansion Project Remains Secretive

PANAMA CITY – President Martin Torrijos said in an interview with EFE this week that a project to expand the country’s international waterway – through which passes 4% of the world’s maritime trade – has not begun because preliminary studies on the matter have not been completed.Asked about criticism that the project is being handled with too much secrecy, Torrijos – who on Sept. 1 completed his first year in office – said that he could not discuss the Canal expansion “by stages” and that reports on the undertaking will be released “when they’re finished.”The expansion of the Panama Canal is one of the projects that has marked the presidency of Torrijos, whose father, strongman Omar Torrijos, was the architect of the United States’ return of the Canal to Panamanian control.However, the Panamanian people will have the last word on the prospective expansion project since it must be approved in a public referendum before any of the construction work can begin.The 42-year-old Torrijos said that “when we have concluded the studies, there will be a very broad discussion” of it so that the public can “conscientiously” make a decision on the project, which is sure to have a significant impact on the country’s development.Torrijos revealed that the project has continued to evolve and no longer calls for the construction of huge dams that would flood the canal basin.The president said that the project’s design “has advanced to a different system of locks that don’t require so much water (and that) make more efficient use of technology. It won’t be necessary to flood large areas, as had been thought initially.”

Trending Now

Costa Rica Faces an $882 Million Revenue Hole as Courts, Police and Schools Take Cuts

Costa Rica expects to collect about ₡400,000 million ($882 million) less than it budgeted for 2026, and the Finance Ministry is asking lawmakers to...

Costa Rica Mayor Investigated in Guanacaste Beachfront Hotel Permit Scandal

Costa Rican prosecutors are investigating the mayor of Santa Cruz, his son and seven others over suspected irregularities involving beachfront hotel construction permits and coastal land concessions in Guanacaste.

Costa Rica’s Priciest Airbnb Tops $23,000 for Thanksgiving Weekend

The most expensive vacation rental on Airbnb in Costa Rica for Thanksgiving weekend costs more than 10.5 million colones, or about $23,300, for two...

Costa Rica’s Public Healthcare System Considers Offering Ozempic and Other Weight-Loss Drugs

Costa Rica's public healthcare system is evaluating medications such as Ozempic and Wegovy to treat diabetes and obesity. The CCSS has not announced when the drugs might become available or which patients would qualify.

Panama Canal Sets Cargo Record Amid Hormuz Closure Despite El Niño

The Panama Canal handled a record volume of cargo, driven by the closure of the Strait of Hormuz in the Middle East, despite traffic...

Atenas launches Gallery Nights: a different artist every month, with the Central Valley as a backdrop

The series opens in November with Terry Eldridge, followed by John Taylor in December and Joanna Woskowicz in January Starting in November, Atenas will have...

Beéle Concert in Costa Rica Canceled Hours Before Show

The concert by Colombian singer Beéle scheduled for tonight in Costa Rica has been canceled less than 24 hours before the show, leaving ticket...

Planned US Embassy Visit Leads to Arrest of Man Wanted in Georgia

A man wanted in Georgia was detained in Costa Rica after US authorities flagged a planned visit to the US Embassy.

University March Will Slow San José Traffic Tuesday From 8 a.m. to 6 p.m.

If you need to get across eastern San José or downtown tomorrow, plan around a national march against cuts to public university funding. Marchers...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel