Panama Canal Authority

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  • Panama Canal Authority
    Balboa Administration Building 101
    Balboa Heights
    Panama

    Tel: +507 272 7602
    Fax: +507 272 7790
    www.pancanal.com

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The Panama Canal, which first opened on August 15, 1914, provides a transit service to vessels. The Panama Canal Authority (ACP) is the entity of the Government of Panama established under Title XIV of the National Constitution with exclusive charge of the operation, administration, management, preservation, maintenance, and modernisation of the Canal, as well as its activities and related services, pursuant to legal and constitutional regulations in force, so that the Canal may operate in a safe, continuous, efficient, and profitable manner.

Organic Law of 1997, furnishes the ACP with legislation for its organisation and operation. Because of its importance and uniqueness, the ACP is financially autonomous, has its own patrimony, and the right to administer it.

The revenue for 2011 was PAB2.3bn.

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