Home > News > World
Saturday July 26, 2014 MYT 8:56:16 AM
Saturday July 26, 2014 MYT 8:57:19 AM
PANAMA CITY (Reuters) - Colombia and Panama on Friday agreed to resurrect a stalled electricity transmission line project between the two countries that would also supply power to the rest of Central America.
"We hope that by the beginning of 2018, we could have connected Panama and Colombia with this project," Colombian President Juan Manuel Santos said after meeting his Panamanian counterpart, Juan Carlos Varela, during a state visit to the Central American country.
The proposed transmission line had been shelved for two years after first being proposed during the administration of Varela's predecessor, Ricardo Martinelli.
Martinelli balked at the estimated $500 million price tag, placing the project on ice.
Varela said the transmission line "would give energy security to Panama," adding that the energy Colombia produced would also be passed on to other countries in Central America.
(Reporting by Elida Morena; Editing by Ken Wills)
Panama canal threatens to take over key expansion project
Panama freeing most of North Korean crew in smuggled arms case
Panama Canal says will finish expansion with or without consortium by 2015
Ex-CIA official, convicted of kidnapping in Italy, held in Panama
Panama finds MiG fighter jets on North Korean arms ship
Pakistan's most hated man - volleyball player, child killer
Tunisia's old regime hopes makeover can win it the election
Turkey keeps media executive in custody on terrorism charge
Kenya's Kenyatta signs security law despite protests
Ladies, time to stand up and fight for your man
Looking out for your ears
For North Korea's cyber army, long-term target may be telecoms, utility grids
HeartwarmingChristmas tale Musical by Aussie troupe enchants crowd
Travel trends of young globetrotters
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)