In a ceremony held in the province of Col\u00f3n, the Panama Canal Administration (ACP) delivered B\/. 2.965 billion to the National Treasury. This collective amount represents surpluses gained from operations, transit tonnage fees, and payments for public services provided by the state.<\/p>\n
The event took place at the facilities of the Fleet and Equipment Administration and Maintenance Division (Atlantic sector), where the President of the Republic Jos\u00e9 Ra\u00fal Mulino was presented with the contributions to the state by ten canal employees who represented the Canal workforce.<\/p>\n
This contribution reflects the dedication of thousands of workers who, through their daily efforts, ensure the efficient and safe operations of the canal.<\/p>\n
As part of the main ceremony, a tour of the dry dock facilities (where the canal\u2019s industrial equipment is maintained) was included. In addition to the President of the Republic attendees included: The Minister for Canal Affairs Jos\u00e9 Ram\u00f3n Icaza; the Minister of Economy Felipe Chapman; the Canal Administrator Ricaurte V\u00e1squez Morales; and the Deputy Administrator of the Canal Ilya Espino de Marotta, among other special guests.<\/p>\n
Following the approval of the ACP\u2019s financial statements for the fiscal year from October 1, 2024, to September 30, 2025, the board of directors declared B\/. 2.372 billion as the economic surplus from canal operations, in addition to B\/. 591 million corresponding to transit tonnage fees.<\/p>\n
Among these direct contributions, B\/. 2 million accounted for public services provided by the state.<\/p>\n
These contributions reflect the interoceanic waterway\u2019s outstanding performance during FY2025, marked by a return to normal lake levels, which allowed for a draft of 50 feet to be maintained even during the dry season. As a result, the average number of daily transits reached 33 compared to 27, recorded during the previous year which was impacted by the El Ni\u00f1o phenomenon.<\/p>\n
President Jos\u00e9 Ra\u00fal Mulino congratulated the Panama Canal workforce for their performance throughout a year marked by significant challenges.\u00a0 Demonstrating, once again, Panamanians\u2019 ability to face and overcome complex challenges including those that arise from climate change.<\/p>\n
With this transfer of funds, the Panama Canal Administration reaffirmed that the contribution to the country was the result of the work and commitment of its employees to contribute to Panama\u2019s comprehensive development.<\/p>\n","protected":false},"excerpt":{"rendered":"