More close an agreement in order to guarantee the prosecuzione of the intense activities of widening of the channel of Panama hat



Sembra to approach the attainment of an agreement in order to guarantee the prosecuzione of the intense activities of increase of the channel of Panama hat that would have to compose the divergences between the authorities Panamanians and the Grupo Unidos por el Canal (GUPC), the which charged consortium of the intense activities that is constituted by the Sacyr Spanish, from the Salt Italian, the Belgian Jan De Nul and the Panamanian Constructora Urbana. GUPC in fact has threatened not to finish the work, whose completion is previewed for 2015, if additional costs for beyond 1,6 billion dollars( of 2 January 2014 are not recognized).

slid Monday, date in which GUPC it had threatened to interrupt the intense activities if of a lacked acknowledgment these extra costs, the consortium has advanced the proposal of a compartecipazione to the financing of the unexpected costs to the aim to continue the intense activities and to guarantee the job of approximately ten thousand the people who are employed in the execution of the work. Specifying that the consortium is joined and that has always assumed unanimous decisions, GUPC has emphasized not to demand extra compensations, but the co-financing of unexpected costs waiting for the decision of the international arbitrateed one. In such a way - it has explained GUPC - the resources financed from the Autoridad of the Canal de Panama City (the ACP) entirely will be covered by obtained bank and insurance guarantees from the consortium waiting for the final decision of the wills on the responsibility of the parts approximately the unexpected expenses.

the consortium has specified that the intense activities, whose cost piles to beyond 100 million dollars to the month, today they are completed for 70% and that technically null it prevents to the consortium to finish them the plans second. The only impediment - GUPC has restated - is the difficult situation financial institution that it is determined by taken part unexpected costs in the course of the execution of the intense activities, costs - it has emphasized the consortium - that wide they are documented and verified by the Authority of the Channel of Panama hat and which GUPC has asked the economic acknowledgment.

"Therefore - it has concluded the consortium - not is some doubt approximately the existence of these unexpected costs, but only on who it would have to pay them, the contractor or the customer. The lacked attainment an agreement on the co-financing of the unexpected costs will determine a serious delay and will mean that the intense activities will not be finished in 2015 causing to damages to all the involved parts. Instead, an agreement will allow to so complete the intense activities in 2015 like an immediate production of wealth for all the Panamanians and the contribution of meaningful benefits to which, confiding that the widening of the channel happens in the previewed times, they have realized meaningful investments".

Yesterday the representatives of the consortium have met the administrator of the Autoridad of the Canal de Panama City, Jorge Luis Quijano, which, also restating that the intense activities could be stopped single in case of a lacked corresponsione the payments salaries for the execution of the works, payments - it has evidenced - than instead regularly are honored by the Authority, have granted that the proposal could supply a solution in the long term and afford the prosecuzione of the plan.