2. location
panama canal is located in the narrowest isthmus
connects central America and the Caribbean sea with
the Pacific Ocean with a total distance of 80km
in this channel is three locks: Gatun, Pedro Miguel
and Mira Flores.
3.
4. history
At the end of the 1800s serious beginning
construction, due to the enormous technological
advances and the insistence of investors were given.
the construction of a canal through Panama, but the
failure France company's rights and property
in 1903 he Panama independence of Colombia and
signs with united states of America there Bunau Varilla
treaty.
5.
6. following year, united states buy French company
panama canal
their rights and properties for 40 million and began
construction
This monumental project was completed in 10 years at
a cost of 387 million.
united states since 1903 has invested about 3 million in
the canal company, of which approximately two thirds
were recovered
The construction of the Panama Canal transit ends
with the opening of the steamship Ancon August 15,
1914 and presented three major problems: engineering,
sanitation and organization.
7.
8. Its successful completion was due to engineering and
management skills of men such as John F. Stevens and
Col. George W. Goethals, and solution of extensive
health problems by Col. William C. Gorgas
Engineering problems including digging through the
Continental Divide, build the world's largest dam at
that time designing and building the most massive
canal locks ever envisioned, constructing the largest
gates ever have been hung, and solve problems
environmental daunting.
9.
10. In 1977, the United States and Panama signed the
treaty in Washington for the management, operation
and maintenance of the Canal in a process of
transition. The treaty was approved by a plebiscite in
Panama and the United States by the Senate and
became effective on October 1, 1979.
The Panama Canal Commission replaced the old
Panama Canal Company on October 1979 The
December 31, 1999, as required by the treaty, the
United States transferred to the Government of
Panama Canal.
11.
12. From that date, the Republic of Panama assumed full
responsibility for the management, operation and
maintenance of the Canal. Panama meets its
responsibilities through a governmental entity called
Authority Panama Canal created by the Constitution
of the Republic of Panama, organized by Law 19 of
June 11, 1997.