Potential for US Firms

The expansion of the Panama Canal, an infrastructure project of historic proportions, is quickly taking form. The pre-qualification of the bidders for the construction of the new locks is anticipated by the end of 2007, with the final selection by the Autoridad del Canal de Panamá (ACP, the Panama Canal Authority) expected by mid-2008.

As of May 2007, bidding on the most significant contracts associated with the Panama Canal expansion project is scheduled to occur over the following eight months. These projects are of great interest to major U.S. construction and engineering firms, as well as to subcontractors. It is critical that the USEAC network, the Advocacy Center, and CS Panama work together to assure maximum U.S. participation in this project.