Wednesday, March 12, 2008

Panama Canal expansion awarded 'Most Significant Project in the World'

The Republic of Panama has received a prestigious international award in Verona for the expansion project.

The Republic of Panama has received the prestigious Samoter 2008 International 'Most Significant Project in the World' award for the Panama Canal Expansion Program. The Samoter International award honours those that contribute to the development of construction at both national and international levels, through significant works and technologically advanced projects. The official ceremony and presentation took place in Verona, Italy, where the Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta was presented with the award. 'We are honored by this recognition and I share this with the best asset of the Canal, our hard-working world-class work force. We are making great progress with the Panama Canal Expansion Program and look forward to its continued success,' said Mr Alemán Zubieta. Expansion will build a new lane of traffic along the Panama Canal through the construction of a new set of locks, which will double capacity and allow more traffic and longer, wider ships. The Samoter International award is a highly-regarded and sought-after global honor assigned by VeronaFiere since 1973 to distinguished figures whose work on behalf of development and success in building and site activity, have helped consolidate major entrepreneurial systems on an economic and social scale.

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