Panama Canal expansion halted amid dispute
- 10 years ago
Expansion work on the Panama Canal has been suspended as negotiations between the Spanish company leading the works and the waterway's authority broke down.
Scheduled to be completed next year, the project has been bedevilled by disputes over costs.
Negotiations over who should pay an extra $1.6bn for over-runs, has put the project and up to 10,000 jobs at risk, the Spanish firm Sacyr said on Wednesday.
Al Jazeera's Alessandro Rampietti reports.
Scheduled to be completed next year, the project has been bedevilled by disputes over costs.
Negotiations over who should pay an extra $1.6bn for over-runs, has put the project and up to 10,000 jobs at risk, the Spanish firm Sacyr said on Wednesday.
Al Jazeera's Alessandro Rampietti reports.