PANAMA CITY, Panama, May 28, 2008 – In the first two months of execution, the second dry excavation contract for the Pacific Access Channel (PAC 2) removed 263,246 cubic meters of material. The Mexican-Panamanian consortium Cilsa Panama-Minera Maria started the excavation work March 21 and by April 30, registered 3.2 percent progress.
About the Panama Canal Authority (ACP)
The ACP is the autonomous agency of the Government of Panama in charge of managing, operating and maintaining the Panama Canal. The operation of the ACP is based on its organic law and the regulations approved by its Board of Directors. For more information, please refer to the ACP’s Web site: www.pancanal.com.