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Panama Canal to name shortlisted bidders for terminal project by year-end

Reuters
Panama Canal to name shortlisted bidders for terminal project by year-end

HOUSTON, Nov ‌4 (Reuters) - The Panama Canal ​expects ‌to announce the ‌pre-qualified bidders for a new ‌terminal project by the end of the year, ⁠administrator Ilya ‌Espino said on ⁠Wednesday, following an ​evaluation of initial proposals already ​received.

The shortlisted ​companies ‌will then receive ​the request ⁠for proposals, ‌she added ​at ​an event in Houston, advancing a tender process tied ‌to one of the ‌world's most ​strategic shipping corridors.

(Reporting by Marianna Parraga; Editing ‌by Kylie Madry)