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The Panama Canal hit by USD 1.6 billion dispute

The work to expand the Panama Canal could be delayed even further following a dispute between the builders and the canal authority related to overspending for around USD 1.6 billion.
Photo: Hamburg Süd
Photo: Hamburg Süd
BY KATRINE GRØNVALD RAUN

The expansion of the Panama Canal could become even further delayed following a serious dispute between the Panama Canal Authority (PCA) and the consortium of builders. The dispute concerns overspending for approx. USD 1.6 billion, according to Reuters.

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