 |

Panama's Huge Canal Expansion |
 | 1 |
| |
Submitted by Extraordinary LifeStyles
| RSS Feed
| Add Comment
| Bookmark Me!
Panama moved boldy ahead with their plans for exonomic growth with an ambitious US $5.3bn plan to widen its famous canal to handle a new generation of giant container ships. President Martin Torrijos described the project as a "formidable challenge" but necessary if the canal is to retain its place as a key route for global cargo. The plan was put to a national referendum and passed!

Panama Votes "SI" to Panama Canal Expansion in Panama City, Panama, October 22, 2006
Panamanians voted "Sí" ("Yes" in Spanish) in the national referendum on Panama Canal expansion. The enthusiasm and energy was apparent as each voter played their part in this historic event that determined the direction and future of the Canal and Panama. By law, expansion, or the "third set of locks project", must be put to a vote in a popular referendum. The Panama Canal Authority (ACP) presented its formal proposal to the Panamanian government in April of 2006. In the end, 78 percent voted for expansion.
|
|
 |

|
LinkedIn Recommendation:
Sean Nelson - We improve your conversions by at least 20% or you pay nothing for our work. - Teo is on the cutting edge of the social media scene. I've had the opportunity to share the stage with him at a forum on Social Media and to also follow his progress with the Net Teams site. Not many people get the whole picture when it comes to social media. He does and he's helping rewrite how social media interacts with chambers of commerce. - May 15, 2008, Sean was with another company when working with Teo at Net-Teams, Inc. |
|
Featured [economy] Articles:
|
 |