![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.