VOICED : Obras de Canal de Panama con fecha de entrega

VOICED : Obras de Canal de Panama con fecha de entrega

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Interactive Video

Business, Geography, History

9th - 10th Grade

Hard

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The Panama Canal expansion aims to start commercial operations by April next year, contingent on the construction consortium meeting its completion projections by early 2016. The expansion, which began in 2007, will allow larger ships to pass through, tripling the canal's capacity. However, the project faces a year-long delay due to disputes and strikes, with ongoing multimillion-dollar claims for potential cost overruns. The total project cost remains uncertain due to these disputes. The canal is crucial for global trade, handling 5% of maritime commerce, primarily benefiting the US and China.

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3 mins • 1 pt

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