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Panama Canal

Posted by realtorjara on July 21, 2014
| 0
Panama Canal ExpansionThe Panama Canal Expansion is the biggest venture at the Canal subsequent to its unique development. The task will make another path of activity along the Canal through the development of another set of locks, multiplying limit and permitting more movement. The current locks permit the section of vessels that can convey up to 5,000 Teus. After the development the Post-Panamax vessels will have the capacity to travel through the Canal, with up to 13,000 Teus. The Expansion will twofold the Canal’s ability, having an immediate effect on economies of scale and global oceanic exchange.The Program comprises of a few parts:• New Locks (Third Set of Locks)

• Pacific Access Channel

• Improvement of Navigational Channels (Dredging)

• Improvements to Water Supply

The Panama Canal extension is focused around six years of examination, which included more than 100 studies on the financial possibility, business request, ecological effect and other specialized designing perspectives. Deals with the Panama Canal Expansion started on September 2007 at an aggregate expense of Us$5.2billion

More information about this pharaonic project HERE

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