MADRID—A consortium in charge of expanding the Panama Canal said Friday that work on the $3.1 billion project has been suspended, pending a response from the Panamanian authorities on its latest proposal to share cost overruns.
In a statement to Spain’s stock market regulator, the GUPC consortium said it remains committed to finding a solution to the conflict with Panama’s Canal Authority. But it added that the Authority has so far…
Continued here: Panama Canal Work Suspended
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