Panama Canal Authority plans to award port concessions worth $2.6 billion in 2026
epa12486583 The Panama Canal Authority's (ACP) Related Activities Development Officer, Rafael Pirro (L), and ACP Vice President of Finance Victor Vial (R) address a press conference in Panama City, Panama, 27 October 2025. The Panama Canal Authority announced plans to award a concession for developing two new ports, one on each side of the canal, by the end of 2026. These container ports are expected to be operational by early 2029, representing an investment of approximately 2.6 billion US dollars. EPA/CARLOS LEMOS