Panama on Wednesday unveiled plans for a"dry canal" to move cargo between the Pacific and Atlantic oceans due to low water levels in its century-old maritime channel.
The Multimodal Dry Canal project will use existing roads, railways, port facilities, airports and duty-free zones in a new"special customs jurisdiction," said Rodolfo Samuda, director of A decree simplifying procedures for transporting cargo by land across the isthmus has already been declared by President Laurentino Cortizo.The project aims"to complement the Panama Canal" and resolve the problems facing its users, said Guillermo Salazar, director of the country's state development planning institute.
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Source: Fin24 - 🏆 21. / 63 Read more »