Home > News > World
Wednesday February 5, 2014 MYT 11:40:10 PM
Wednesday February 5, 2014 MYT 11:41:08 PM
PANAMA CITY (Reuters) - The Panama Canal expansion project will be completed in 2015 with or without a Spanish-led consortium disputing massive cost overruns, the major global waterway's administrator said on Wednesday, as most work at the site ground to a halt.
Panama Canal Authority head Jorge Quijano said the canal had had general talks with other companies about work still pending on the expansion, but was still open to talks with the consortium led by Spain's Sacyr.
The consortium said earlier in a statement the canal authority had broken off talks on who will foot the bill to complete the ambitious multi-billion dollar project.
(Reporting by Lomi Kriel; Editing by Simon Gardner)
Japanese man arrested for landing drone on PM's office in nuclear protest
Suspected Al-Qaeda militants arrested in Italy for Vatican plot
Chile volcano prompts new evacuations, flights to Argentina cancelled
Obama vows 'we're going to review what happened' in hostage death case
Next stop – Sensational Singapore
How Malaysians abroad are bridging a skills gap
Group walking from Perlis to Malacca to raise funds for food bank
New video series from AMGA lets climbers belay their skills
Visa-free access for 30 countries to Indonesia
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)