VOICED : Panama inaugurara ampliacion del Canal tras largo calvario

VOICED : Panama inaugurara ampliacion del Canal tras largo calvario

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Interactive Video

Business, Geography, History

9th - 10th Grade

Hard

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Quizizz Content

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Panama is set to inaugurate the expansion of its interoceanic canal, a project delayed by labor disputes and cost overruns. The expansion, which has exceeded its initial budget by $200 million, faces further financial uncertainty due to contractor claims. The new route will accommodate larger vessels, significantly increasing capacity. The Panamanian government believes this will enhance the country's competitiveness as a logistics hub. Currently, the canal facilitates 5% of global maritime trade and contributes significantly to Panama's GDP.

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3 mins • 1 pt

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