This action might not be possible to undo. Are you sure you want to continue?
Authority (ACP) informs that Grupo Unidos por el Canal. S.A. (GUPC) has resumed work on the new locks project durin the afternoon of Thursday! "e#ruary $%.
“&orks ha'e restarted this afternoon!( said Panama Canal Administrator )or e *. +uijano. ,The
consortium has uaranteed that it will continue workin ! which was our main o#jecti'e so we can mo'e forward and discuss other issues for a lon er-term a reement.( Since works ha'e resumed! ACP will proceed to pay tomorrow GUPC the ./0.1 million due for 2ecem#er in'oices. This preliminary a reement to resume works does not imply a ne otiation on the alle ed cost o'erruns claimed #y the contractor. ACP reiterates that these claims must #e process throu h the mechanisms within the contract. The consortium is formed #y Sacyr 3allehermoso! S.A (Spain)! 4mpre ilo! S.p.A. (4taly)! )an de 5ul Group (6el ium) and Constructora Ur#ana! S.A. (CUSA) (Panama). The parties will continue to ne otiations durin the ne7t couple of days to come to an a reement that ensures the successful completion of the project. About t e Panama Canal Aut ority !ACP" The ACP is the autonomous a ency of the Go'ernment of Panama in char e of mana in ! operatin and maintainin the Panama Canal. The operation of the ACP is #ased on its or anic law and the re ulations appro'ed #y its 6oard of 2irectors. Please refer to the ACP we#site8 http899www.pancanal.com9 or follow us on Twitter :thepanamacanal. ;;;