Panama City, Panama, August 11, 2015 –The Panama Canal Authority (ACP) expressed its satisfaction after the main contractor for the Third Set of Locks Project, Grupo Unidos por el Canal (GUPC), and the National Union of Workers of Construction and Similar Industries (SUNTRACS) reached an agreement which supersedes the strike call in the new locks’ construction site in both the Atlantic and the Pacific sides.

The ACP expects this agreement marks the continuation of a harmonious relationship between both parties, and thus the completion of the work as it is scheduled, which has now reached 93 percent completion.