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 loses to Haiti 2-0 in another Nations League setback

Costa Rica's national soccer team went to Jamaica last night needing a win, yet it came away with another loss. Haiti beat La Sele...

Honduras Adopts El Salvador-Style Prison Measures Against Gangs

Honduras has approved stricter prison rules targeting suspected gang members and drug traffickers, adopting measures similar to those used in El Salvador’s anti-gang crackdown.

Costa Rica Hotel Is the Only New Three-Key Michelin Stay in the Americas

A luxury resort on Guanacaste's Papagayo Peninsula has received the Michelin Guide's highest hotel distinction, making it the only property in the Americas to...

Costa Rica Changes Route 1 Traffic Pattern Near San Ramón

Drivers using Route 1 between the Central Valley and Puntarenas is facing a new traffic pattern today as construction continues around San Ramón. The...

US Diesel Export Ban Talk Puts Costa Rica Fuel Prices on Edge

Trump backs a ban on US diesel exports as Costa Rica, which buys much of its diesel from the United States, faces a proposed increase of up to 100 colones per liter in October.

Costa Rica Proposes Ending Electric Vehicle Tax Breaks

Anyone thinking about buying an electric vehicle in Costa Rica could eventually face a much higher tax bill under a new government proposal that...

Costa Rica Proposes 15% Tax on Certain Foreign Income

Costa Rica has proposed a 15% tax on certain passive income earned abroad, including interest, dividends, rents and capital gains. The measure is not yet law

A Nostalgic Look Back at Life in Costa Rica

From bankbooks and free bocas to machete-cut grass and Lada Nivas, a longtime resident looks back at the Costa Rica he first encountered and how the country has changed.

Costa Rica’s Laguna Río Cuarto Loses Visitor Services

Laguna Río Cuarto will remain accessible, but the community organization managing the Costa Rica attraction will stop providing visitor services beginning September 28.
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

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