Major projects announcedfor Panama, Costa Rica and Venezuela

15 April 2008

Central/South America: Work on widening the Panama Canal will begin this year. In a referendum last October, Panamanians approved construction of a third set of locks at an estimated cost of $5.25 billion.

Asociacion de Carreteras y Cominos de Costa Rica, a Costa Rican construction trade group, presented a $3.7 billion investment plan to finance development of the country's road systems through concessions, loans and taxes over a period of 15 years.

China will provide $4 billion for the construction of a railway in Venezuela. As part of an investment fund between the two countries, Venezuela will contribute another $2 billion to the project.

Delivered directly to your inbox, World Crane Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Barnhart teams up with ITI Learning Hub
Barnhart has implemented ITI Learning Hub to enhance employee training and learning. 
Last call: Tower Crane 50 forms due!
Fill out and return all TC 50 survey forms by this Friday, July 23, 2021.
Manitowoc to acquire H&E’s crane operations
Manitowoc will acquire the crane business of H&E Equipment Services
D.Ann Shiffler Editor, American Carnes & Transport Tel: +1 512 869 8838 E-mail:
Matt Burk VP Sales Tel: +1 312 496 3314 E-mail: