LatinNews Daily - 15 May 2025

*The Panama Canal Authority (ACP) has announced plans to invest more than US$8.5bn over the next five years to “keep the waterway modern, competitive, and sustainable”. One of the key programmes included is a US$3bn investment in new businesses, including a gas pipeline. In addition, US$2.5bn will be invested in infrastructure, US$1.6bn will be invested in the Rio Indio Lake programme, which will see the construction of a new lake in the middle section of the Indio River watershed to guarantee water supply to nearby communities, and US$700m will be invested in environmentally sustainable tugboats. In an official statement, the ACP stated: “These investment programmes have a solid, sustainable focus to continue providing greater economic contributions to the country, taking advantage of its geographic location, and contributing to Panama’s socioeconomic progress”.

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