![Unleashing certainty: The catalytic effects of the Panama Canal expansion](/sites/default/files/styles/size390x268/public/blog_post/NS-web-banner-42_2018-v02-02-1-e1541716736405-2.jpg?itok=LqGWrXyW)
Unleashing certainty: The catalytic effects of the Panama Canal expansion
Over two years ago citizens of the United Kingdom voted to leave the European Union, a decision which has been playing out on the global stage ever since . While the Brexit referendum unleashed a wave of uncertainty that seems to be growing as negotiations continue, other public votes such as the referendum to expand the Panama Canal, have had the opposite effect.
![Five lessons from the expansion of the Panama Canal](/sites/default/files/styles/size390x268/public/blog_post/Expanded-canal.jpg?itok=LZH40oy1)
Five lessons from the expansion of the Panama Canal
By Rachel Robboy Many aspects of the Panama Canal expansion make it stand out. The 7-year project to add a third lane to accommodate giant ships with triple the cargo capacity is the largest infrastructure project in Latin America and the Caribbean, costing over $5 billion. It brings in 22 percent of Panama’s national gross domestic product, allowing the country to grow at 6 percent in a year when the rest of the region is slowing down.