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 Plans to Spread El Niño Power Costs Over Three Years of Bills

A government directive proposes recovering the extra cost of generating electricity during El Niño through rates over 36 months to avoid abrupt increases.

Costa Rica Landfill Plan in Mora Faces New Land-Use Challenge

A decades-long fight over a proposed waste project in Picagres has flared again after the Mora municipal administration issued a new land-use certificate for...

Costa Rica Airport QR Codes Point U.S. Visitors to Free Safety Alerts

If you're a U.S. citizen landing at Juan Santamaría International Airport in San Jose, you'll now walk past QR codes in the immigration line...

Dollar Holds as Central Bank Warns US Rates Could Push It Higher

The dollar has eased from its early-October high, but Central Bank President Róger Madrigal warns a widening US rate gap could lift it again.

Costa Rica Job Losses Mount as Major Companies Cut Operations

Job creation has struggled to gain momentum in Costa Rica, while business closures and corporate restructuring have resulted in the loss of at least...

Costa Rica Hotel Project Faces Environmental Damage Allegations

A criminal complaint alleges impacts on waterways, protected areas and forest cover at a luxury hotel project in Manuel Antonio, including sediment runoff toward Playa La Vaca. The developer disputes the accusations and says it has complied with environmental requirements.

Costa Rica Red Cross Considers Ending Overnight Shifts at 20 Branches

The Costa Rican Red Cross is considering eliminating overnight shifts at 20 local branches as financial pressure continues to affect its emergency-response network. The...

Costa Rica Faces Haiti at a Packed Saprissa With Bryan Ruiz’s Future Undecided

Costa Rica closes its Concacaf Nations League group stage tonight against Haiti, and a national team that went nearly a year without a win...

Costa Rica Suspends Investigation Into Who Ordered Roberto Samcam’s Murder

Costa Rica’s prosecutor’s office has suspended its investigation into who ordered the 2025 killing of retired Nicaraguan military officer Roberto Samcam, an outspoken critic...
Loading…

Latest News from Costa Rica

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