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Green Marine

about 18 years ago

Financing Structure for Canal Expansion Program

Panamanian President Martín Torrijos announced the final financing structure for the historic Panama Canal Expansion Program. Five major multilateral agencies from Europe, Asia and Latin America offered to finance the Canal expansion project. The Panama Canal Authority, after months of extensive neg

1 minutes read

Panamanian President Martín Torrijos announced the final financing structure for the historic Panama Canal Expansion Program.

Five major multilateral agencies from Europe, Asia and Latin America offered to finance the Canal expansion project. The Panama Canal Authority, after months of extensive negotiations, has accepted the banks’ offers.

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