Panama
News

Panama to build multipurpose water reservoirs for canal

Bnamericas
Panama to build multipurpose water reservoirs for canal

Three multipurpose reservoirs will be built to guarantee sufficient water supply for the Panama Canal and for public consumption in the area near the waterway.

Speaking at an event on Tuesday, Daniel Muschett, executive manager of water capacity projects at the Panama Canal Authority (ACP), said that the technical studies for the construction of the reservoirs are already underway and around 70% complete, local broadcaster TVN Noticias reported.

The reservoirs would be located on the La Villa, Bayano and Indio rivers, and would be built under the national water security plan 2015-2050 launched by the administration of outgoing President Juan Carlos Varela.

In addition to guaranteeing potable water supply, the reservoirs will also be used for irrigation, to boost tourism and for boating, Muschett said.

The water security plan requires total investments of US$11bn and is comprised of 560 projects to be developed through 2050.

Large quantities of water are needed for the operation of the canal's locks. In the third set of locks that were built as part of the expansion, as much as 55mn gallons of freshwater are needed for each transit, of which 22mn eventually end up in the sea.

The canal water basin is the most important one in the country and also supplies potable water to Panama City and second city Colón.

Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Water & Waste

Get critical information about thousands of Water & Waste projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Water & Waste

Get critical information about thousands of Water & Waste companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: LafargeHolcim Ltd.  (LafargeHolcim)
  • LafargeHolcim Ltd. is a Swiss global construction material company established in 2015 in Jona, whose main shareholder is the local holding Schweizerische Cement-Industrie-Gesel...
  • Company: Etermar Sucursal Perú  (Etermar Perú)
  • Etermar Peru is the local branch of the Portuguese maritime engineering and construction company Etermar. The company began operations in Peru in 2017. Etermar provides services...
  • Company: Veolia Holding Colombia S.A.  (Veolia Colombia)
  • Veolia Holding Colombia S.A. (Veolia Colombia), a subsidiary of Veolia Environnement, a French provider of environmental services. It carries out activities in water cycle and s...
  • Company: Almar Water Servicios Latam S.A.
  • 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: Veolia Argentina
  • In Argentina, Veolia creates and offers integral solutions and multiservices that favor sustainable development in cities as well as industry. With a network of professionals an...
  • Company: K2 Ingenieria S.A.S.  (Applus+ K2)
  • 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...