DENVER, Aug. 17 /PRNewswire/ -- The Panama Canal Authority (ACP) has
awarded CH2M HILL, a global full-service engineering, construction and
operations firm the Program Management contract for the $5.25 billion
Panama Canal Expansion program. Subcontractors on the team include DHV
Group, Grupo TYPSA, CSA Group, and Earth Consultants International.
"We are proud to contribute our global experience to help build not
only one of the world's major infrastructure projects, but to build it in
such a way as to leave a lasting legacy of sustainable socioeconomic growth
and environmental responsibility," said Michael Kennedy, President of CH2M
HILL Transportation Group. "We are thrilled to support Panama's incredible
vision for its future."
The expansion project involves building a new set of massive locks on
both the Atlantic and Pacific ends of the existing canal and will include
substantial excavation and dredging. The project schedule calls for the
first "Post Panamax" vessel to transit through the expanded canal in 2014,
the 100th anniversary of the completion of the original canal. A Post
Panamax vessel is the term for ships that are larger than a Panamax and do
not fit in the original canal. After expansion, the Panama Canal is
expected to be able to handle vessels up to 12000 TEU in size.
"The expansion of the Panama Canal is considered one the most visible
and important infrastructure projects in the world, and will affect global
commerce significantly over the next century," said Garry Higdem, CH2M
HILL's lead executive for the Panama Canal program.
The Program Management function involves assisting the Panama Canal
Authority (ACP) in the management of all contracts, interfacing with design
build and construction teams, as well as numerous stakeholders. "We are
honored to team with ACP in delivering this historic project for the
citizens of Panama," said Jhan Schmitz, CH2M HILL's Program Manager for the
Canal Expansion. "The key to this program's success will be the effective
coordination of a world-class multidisciplinary team."
Headquartered in Denver, Colo., employee-owned CH2M HILL is a global
leader in engineering, construction and operations for public and private
clients. With $4.5 billion in revenue, CH2M HILL is an industry-leading
program management, construction management and design firm, as ranked by
Engineering News-Record (2007). The firm's work is concentrated in the
areas of transportation, water, energy, environment, and industrial
facilities. The firm has long been recognized as a most-admired company and
leading employer by business media and professional associations worldwide.
CH2M HILL has more than 19,000 employees in regional offices around the
SOURCE CH2M HILL