CECH expresses interest on Panama Canal future projects
The Panama Canal Administrator Jorge L. Quijano held an informative meeting with a delegation headed by Mo Wenhe, Chairman of the China Harbour Engineering Company (CHEC) and Wei Hua Wang, representative of the Chinese-Panamanian Office of Business Development, ACP said in its press release.
Mo Wenhe showed interest in the development of projects in the Panama Canal during the upcoming years. "We are exploring our participation in all Canal projects, especially in the design, construction and financing of a Fourth Set of Locks," Wenhe said.
CHEC is a leading full-service provider of Engineering-Procurement-Construction (EPC), Build-Operate-Transfer (BOT) and Public-Private-Partnership (PPP) for the public and private sectors. Currently, CHEC is present in over 80 countries including Panama and conducts projects worldwide for over US$10 billion. The company will be setting up its regional headquarters in Panama.
About the Panama Canal Authority (ACP)
The ACP is the autonomous agency of the Government of Panama in charge of managing, operating and maintaining the Panama Canal. The operation of the ACP is based on its organic law and the regulations approved by its Board of Directors.