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La Ampliación in Trouble?
By The Boss on Mar 17, 2008 | In Politics, Business | Send feedback »
Dark tales reach us from within the Panama Canal Authority. First, there is this backlog in getting ships through, about a 100 ships are waiting. The pilots can't be transported fast enough, there are not enough lanchas, the road to Colon is a mess and so on.
But that's not all. We also hear that the works on the expansion of the Canal are going slower than planned. A whole bunch of heavy machinery that was brought in with a lot of fanfare is standing idle because they're broken. Financing problems, high inflation. And an economic down is looming. There's even rumor of the ACP having to postpone the whole project. Or, as the opponents of the bizarre plan would say: "We told you so!"
