Work likely to resume on expansion of Panama Canal
Italian contractor major player in building consortium20 February, 12:11
Work had been halted earlier this month because of a dispute over cost overruns totaling as much as $1.6 billion.
However, suppliers have reportedly been paid, freeing the way for work to resume.
Italian company Salini-Impregilo makes up 38% of the building consortium working on the $5.25-billion expansion project.
The Spanish-led consortium, known as the as Grupo Unidos Por el Canal (GUPC), and the Panama Canal Authority have been locked in a dispute over the cost overruns for weeks.
As many as 10,000 jobs have reportedly been affected by the dispute.