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Panama plans huge canal expansion
Panama has announced an ambitious US $5.3bn plan to widen its famous canal
to handle a new generation of giant container ships. President Martin Torrijos
described the project as a "formidable challenge" but necessary if the canal
is to retain its place as a key route for global cargo. The plan is due to be
put to a national referendum later this year.
For relevant Information on the Third Set of Locks Project see this
page here from the official Panama Canal Website.
