
Panama determined to defend its sovereignty over the canal

Control over the Panama Canal will not return to the US because it is a political non-starter and because the infrastructure is the backbone of the country’s economy.
“That idea that you protect [the canal] as sacrosanct is above party politics,” Alberto Alemán, a former head of the Panama Canal authority, said during a webinar hosted by the Wilson Center.
US President Donald Trump repeatedly accused Panama of favoring China regarding port concessions, and vowed that his administration will work to regain control of the infrastructure, which was transferred to Panama in the 1970s.
Refuting the allegations, Alemán highlighted that Chinese companies are seen as normal “customers.”
He also said that the US Army Corps of Engineers was involved in the canal’s major expansion between 2006 and 2017, while China didn’t play any role.
That involvement included a US$1bn investment by Panama, Alemán said.
Alemán said US criticism of the rates charged to use the canal is unfounded because they are based on studies and updated every three to five years.
During a visit to Panama last week, US Secretary of State Marco Rubio falsely claimed that US vessels were allowed to use the canal for free, but the statement was strongly refuted by the Panamanian government.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Infrastructure (Panama)

Panama again pushes back bid deadline to upgrade Pan-American highway stretch
Many of the companies participating in the process requested an extension, mostly to obtain loan approvals, according to local media.

Panama monorail line nearly 40% complete
Metro de Panamá reported that the viaduct on which the monorail line will run has been built on several stretches of the route.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Infrastructure (Panama)
Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Water Management System for the Panama Canal
- Current stage:
- Updated: 2 months ago
- Project: San Miguelito Cable Car (Metrocable)
- Current stage:
- Updated: 2 months ago
- Project: Expansion of the highway - Puerto de Vacamonte
- Current stage:
- Updated: 2 months ago
- Project: Quebrada Ancha – María Chiquita Highway (Caribbean Corridor)
- Current stage:
- Updated: 3 months ago
- Project: Puerto Baru
- Current stage:
- Updated: 3 months ago
- Project: Line 3 of the Panama Metro
- Current stage:
- Updated: 3 months ago
- Project: Panamericana Sur upgrade, David - Paso Canoas section (David - Frontera)
- Current stage:
- Updated: 3 months ago
- Project: Rehabilitation and Improvement of Vía Santiago - San Francisco - Santa Fe
- Current stage:
- Updated: 3 months ago
- Project: Panama - David - Frontera train
- Current stage:
- Updated: 3 months ago
- Project: Panama metro line 5
- Current stage:
- Updated: 3 months ago
Other companies in: Infrastructure (Panama)
Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Constructora De León S.A. (Codsa)
- The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Norfolk Financial Group
- The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: URCI Consultores Panamá, S.A.
- Company: Corporación Zona Libre del Barú
- Company: PROYECO Panamá
- Company: Ocean Pacific Financial Services Corp. (Puerto Barú)
- The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...