Fourth set of locks depends on water supply
“The construction of the fourth set of locks for the Panama Canal will largely depend on water supply, and if that problem is not solved we can forget about it although the demand is there says Canal Administrator Jorge Luis Quijano.
In an interview with the EFE News agency he said the construction of a fourth set of locks by 2025 had been considered and in September 2016 he had announced the constitution of a team to study the matter, which was conditioned by the “demand” of the market, but already the China Harbor Engineering Company (CHEC) had expressed interest in the work .
The third set of locks “reflects a ship size focused on the container carrier and coincidentally there are those of liquefied natural gas, that is, the ability to adapt to our infrastructure and the business models are those that have given us the ability to move in a business that is very rigid. “
“Our infrastructure is not a thing that is built from one day to the next, it took us 9 years to expand, it’s not the same as every three, four months, you make a new chi. to build a new lock it’s going to take another 8 years, “he said