You are on page 1of 1

Board of Directors Reaffirms Full Support to Panama Canal Administration Panama City, Panama, January 15, 201 !

The Board of Directors of the Panama Canal Authority (ACP) has reaffirmed its full support to the Panama Canal Administration in the management of the contract for the construction of the Third Set of Locks. n a press release issued today! signed "y the Chairman #o"erto #oy! the Board of Directors reaffirmed its $full support to the management of the Administration in all the challenges it has faced during the Canal %&pansion. The current situation! e'en though delicate! is "ut another challenge that (e are facing together. )e trust that (ill "e resol'ed.$ n addition! the mem"ers of the Board of Directors indicated that $the Panama Canal %&pansion (ill "e completed in the shortest amount of time and at the lo(est cost possi"le! (ithin the terms of the contract.$ The Board of Directors also thanked for the $trust and support recei'ed during the past couple of (eeks.$ A"out t#e Panama Canal Aut#ority $ACP% The ACP is the autonomous agency of the *o'ernment of Panama in charge of managing! operating and maintaining the Panama Canal. The operation of the ACP is "ased on its organic la( and the regulations appro'ed "y its Board of Directors. Please refer to the ACP (e"site+ http+,,(((.pancanal.com, or follo( us on T(itter -thepanamacanal. ...