Key facts
- Panama Canal administrator Ilya Espino said pre-qualified bidders for a new terminal project would be announced by the end of the year.
- Espino said shortlisted companies would then receive the request for proposals, speaking at an event in Houston.
- The canal has already received and evaluated initial proposals for the terminal project, Espino said.
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 November 4, after an evaluation of initial proposals already received.
Shortlisted companies would then receive the request for proposals, Espino said at an event in Houston. She gave no date for the announcement beyond the end of the year and did not name the companies that submitted initial proposals.
The tender is tied to one of the world's most strategic shipping corridors, according to Reuters, which reported the remarks.