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Panama Canal expension halted over costs

Spanish-led company in charge of renovating the canal stops work in dispute over $1.6bn construction project.

Last updated: 08 Feb 2014 01:17
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A $1.6bn project to expand one of the world's busiest waterways is on hold. The Spanish-led company in charge of renovating the Panama Canal has stopped work in a dispute over costs.

On Friday the contractors made a new offer solve the dispute. But with the sides so far apart a deal will be difficult to unlock.

Al Jazeera's Alessandro Rampietti reports.

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Al Jazeera
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