Consortium resumes Panama Canal expansion work - source


  • World
  • Friday, 21 Feb 2014

PANAMA CITY (Reuters) - A Spanish-led consortium has resumed expansion work on the Panama Canal, a source close to negotiations said on Thursday, raising hopes the sides will finally draw a line under an acrimonious stand-off over massive cost overruns.

As workers returned to the construction site after a more than two week stoppage, a separate source close to the consortium led by Spanish builder Sacyr and Italy's Salini Impregilo said it had resolved internal disagreements over the key issue of financing.

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