The Panama Canal expansion is just one example that stands out of the many investment projects in energy and infrastructure, both public and private, going on in Central America, in contrast to the sluggishness in Europe, according to participants in the industry forum held in Panama.
The expansion of the Canal "changes the entire global shipping business," tripling capacity of ships making the crossing between the Pacific and Atlantic, said its administrator, Alberto Alemán Zubieta in the First Central American Forum on Financing Energy Projects and Infrastructure.
The meeting, organized by Project Finance magazine, was attended by nearly two hundred financial consultants and managers from leading companies in construction, to analyze the momentum that the works on highways, ports and power plants, among other things, have produced in the region.
6 million containers now pass through the Canal every year, aboard more than 14,000 ships that can carry 4400 containers each. After the expansion, they will be able to carry up to 14,500 containers, which is expected to produce "very significant cost savings", said Alemán Zubieta.
More on this topic
April 2010
The region’s 50 largest infrastructure projects, worth a combined $50 billion, will be presented at the 8th Latin American Leadership forum.
The objective of the forum is to create business opportunities between participants, by creating a dialogue and interaction environment with project directors and high ranking government officers.
May 2011
The fourth Latin American forum on solar energy will be held From 16 to 21 May in Managua.
The forum, sponsored by the European Union, will bring together experts in the subject in order to publicize results of successful projects in the region and share experiences.
The head of the European Commission (CE in Spanish) for Central America and Panama, Mendel Goldstein, stated at a press conference that "...
March 2012
The Chamber of Commerce, Industries and Agriculture of Panama, held this morning an Economic Forum entitled "Panama: Challenges and Opportunities in the search for a common agenda for development."
The Chamber of Commerce, Industries and Agriculture of Panama (CCIAP),held this morning an Economic Forum entitled "Panama: Challenges and Opportunities in the search for a common agenda for development", an event for representatives of government and private institutions, international organizations, students and the media.
May 2011
The American Forum on Microenterprise (Foromic) will be held in San José, the Costa Rican capital, between 10 and 12 October this year.
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