Panama president attends POWERCHINA's water supply project
DATE:2018-05-07
An opening ceremony for Panama's water supply project, which
aims to extend pipelines carrying the city's drinking water and expand water
storage capability, took place in Panama on May 4, 2018.
At
the ceremony, Panama's President Juan Carlos Varela announced groundbreaking of
the project and spoke highly of Power Construction Corporation of China
(POWERCHINA), the project builder, for its excellent performance in the early
stages.
POWERCHINA
worked with Panama's company Consultores Profesionales de Ingeniería, S.A.
(COPISA) to participate in the bid for the water supply project in April 2017
and won it in August.
POWERCHINA
became the first Chinese enterprise to win a bid for a public facility in
Panama since the establishment of China-Panama diplomatic relations. The
project also marked a milestone for the company in tapping into the Panamanian
market.
Over
the last few years Panama has been suffering from aging drinking water pipes
and insufficient water storage. Some eastern areas in Panama have been in short
supply of drinking water and a majority of them maintain daily water supplies
with rain.
The
project is expected to benefit 800,000 Panama residents, upgrade the country's
infrastructures, improve drinking water safety and promote locals' lives.