Wed, Apr 26, 2006 - Page 7 News List

Panama unveils canal expansion plan

AMBITIOUS President Martin Torrijos emphasized the need to double the canal's capacity, which is still subject to a referendum later this year, to keep it competitive

AGENCIES , PANAMA CITY

Manfredo is the leader of a group that would prefer Panama build a mega-port near the Pacific end of the canal, where large ships could transfer their loads to smaller vessels to carry them to the Atlantic. The project would come at one-tenth of the cost, or about US$600 million, he says.

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