• Infrastructures

10 Years Since the Expansion of the Panama Canal: Sacyr and a Giant Whose Success Lies in the Details

A team of 10,000 people built one of the greatest structures in human history with millimeter-level precision.

The Panama Canal expansion has marked its 10th anniversary. With the benefit of hindsight, we can reaffirm the success of this mega-construction project, which placed Sacyr and its professionals at the international forefront of engineering and civil construction.

The Third Set of Locks, a unique and truly innovative project, has operated optimally during its first decade, despite its unprecedented complexity. Behind this achievement is the highly qualified team of 10,000 workers representing 40 nationalities who made it a reality.

The expansion once again placed the Canal at the center of global trade. Three percent of maritime trade passes through this strategic waterway: it connects 180 routes, 170 countries, and 1,920 ports around the world.

 

The Panama Canal Expansion in 60 Seconds

The Third Set of Locks not only increased the number of ships that can pass through the Canal but also allowed the passage of the imposing, larger Neo-Panamax vessels: 366 m in length, 49 m in beam, and a draft of 15.2 m.

These giants are also more sustainable than smaller ships, since carrying much more cargo results in lower energy consumption and a significant reduction in greenhouse gas emissions.

The expansion itself was also designed and developed with strict sustainability criteria in mind: it is capable of reusing up to 60% of the water in each lock passage and reducing the water required for its operation by 7%.

 

A colossal project…

The new locks of the Panama Canal are one of the largest man-made structures in history: they are 427 meters long, 55 meters wide, and 18.3 meters deep.

To put their magnitude into perspective with a few figures, the volume of structural concrete poured on site for the Pacific and Atlantic locks reached 4.5 million cubic meters—the equivalent of 2.2 Pyramids of Cheops.

The reinforced steel totaled 250,000 metric tons—the weight of 25 Eiffel Towers.

And 62 million m³ of earth were moved, equivalent to the load of 2.6 million dump trucks.

The 16 gates of the Third Set of Locks are one of the project’s most notable features: they were built and transported from Trieste, Italy, on a journey that lasted one month.

The logistics and the precise positioning of these gates represented one of the most exciting and spectacular milestones of the project. There are six different models, and the heaviest ones, weighing 3,900 metric tons, have colossal dimensions: 57 meters long, 10 meters wide, and 32 meters high.

 

… success lies in the details

Paradoxically, on a project of such gigantic proportions as this one, success lies in the smallest details; every piece must fit together with the precision of a Swiss watch.

The finishes required perfect precision to ensure maximum watertightness and efficiency. For example, all concrete surfaces—totaling 280,000 square meters—were meticulously sanded to minimize water resistance. The clearances at the sealing edges of the gates and their recesses were measured in microns.

This approach—treating a massive project with the precision of a goldsmith—was key to the success and durability of the Panama Canal expansion, a legacy left by Sacyr and its partners for the progress of humanity.

Featured projects

Sacyr formalizes win of Ruta Pie de Monte road concession in Chile

  • La concesión incluye la construcción, operación y mantención de una ruta de 20 kilómetros en doble calzada entre San Pedro de la Paz y Coronel.
  • El proyecto forma parte del plan de modernización vial impulsado por el MOP en la Región del Biobío y permitirá generar una alternativa a la actual Ruta 160.

Chile’s Official Gazette (Diario Oficial) has published the Supreme Decree awarding Sacyr the Ruta Pie de Monte road concession. This strategic project in the central Biobío Region will improve connectivity across Greater Concepción and enhance access to the Arauco Province.

With an estimated investment budget of UF 9,145,000 (approximately €330 million), the new 20-kilometer dual-carriageway highway will run between San Pedro de la Paz and Coronel, to the east of the existing Route 160. Total revenues expected over the concession period will amount to €3.8 billion.

The project features state-of-the-art infrastructure, including lighting, drainage and drainage works, landscaping, road safety features, and a free-flow electronic tolling system to ensure faster and safer travel for motorists. Additionally, the highway incorporates tsunami evacuation routes, upgrading safety and connectivity standards for both commuters and local communities.

This new corridor will serve as a vital alternative to Route 160, which has faced heavy traffic congestion in recent years due to rapid urban and population growth in the area.

Consequently, the Ruta Pie de Monte will reduce travel times, enhance road safety, optimize traffic flow, and boost regional economic competitiveness, particularly benefiting freight transport and long-distance travel.

Sacyr in Chile

Sacyr has operated in Chile since 1996, developing projects across its three core business areas: Concessions, Engineering and Infrastructure, and Water. It currently operates 11 road concessions (with Pie de Monte set to join the portfolio), five airports, seven hospitals in various stages of development, and five water treatment plants covering the full water cycle.

Additionally, Sacyr Water holds concession contracts for the new Coquimbo desalination plant and the Salar del Carmen water reuse plant in Antofagasta.

With a presence in 14 of Chile's 16 regions, Sacyr employs over 4,100 people directly and remains deeply committed to sustainable development and the well-being of local communities.

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Contenido para borrar SMT

 

Esto es para saber si funciona la traducción o no.

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Sandra Angel Gavia, Quality, Environment and Energy Manager Chile, Germán Silva Higuera, Corporate Innovation Assistant Manager, and Luis Shuffer Mendoza, General Field Manager.

Baños prefabricados: calidad y circularidad desde Chile

Continuamos con la serie Transformación Circular y, en esta ocasión, viajamos hasta Chile, donde se desarrolla un proyecto pionero de baños prefabricados que combina eficiencia constructiva y sostenibilidad.

Sandra Angel Gavia, Gerente Calidad, Medio Ambiente y Energía Chile, Germán Silva Higuera, Subgerente Corporativo de Innovación, y Luis Shuffer Mendoza, Jefe General de Terreno, nos explican en el vídeo que acompaña este contenido cómo funciona la industrialización de la construcción, que permite entregar unidades modulares completas, listas para su instalación, con toda la ingeniería y diseño necesarios.

Gracias a este método, la fabricación, el transporte y el conexionado son más rápidos y eficientes. Hasta la fecha, ya se ha instalado el 75% de los 1.000 baños previstos mientras que otros 300 módulos se encuentran en proceso de terminación y montaje.


Beneficios frente a la construcción convencional

Los baños prefabricados ofrecen ventajas clave respecto a la construcción tradicional in situ:

  1. Eficiencia en tiempos de ejecución: se fabrican en paralelo al avance de la obra, reduciendo plazos globales.
  2. Control de calidad: al producirse en ambientes controlados, se asegura mayor precisión y acabado.
  3. Circularidad: se minimiza el desperdicio de materiales, se optimizan recursos y se reduce la generación de residuos.

Próximos desarrollos

Los baños prefabricados son sólo el inicio. Descubre en este vídeo cómo la prefabricación está transformando la construcción en Chile y generando un impacto positivo en tiempos, calidad y circularidad. 

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  • Innovation

We publish our 2025 Information Report: creativity, collaboration and future

We are launching a new edition of this document in which we highlight the investment of €8.2 million in the development of new solutions and the implementation of 42 innovation projects.

We present the 2025 Innovation Report, a journey through everything we have been able to achieve together. Every project, every idea and every collaboration demonstrates that innovation is the driving force behind our drive to transform the world and meet our challenges.

During 2025, we allocated €8.2 million to the development of new solutions and launched 42 innovation projects. In addition, 40% of the initiatives had sustainability at their core, reaffirming our will to care for the planet as we move forward.

Innovation was also born of collaboration. Thanks to our commitment to Open Innovation, we developed 13 projects in alliance with startups, demonstrating that shared talent amplifies our capabilities and allows us to look further ahead.

Internal participation is also key. More than 2,700 professionals joined initiatives such as the 3 iFridays and 8 iPodcasts, spaces that inspire, connect and bring together new ways of thinking. And we celebrated the 10th edition of the Natural Innovators Awards, with 117 nominations from 11 countries, where we recognized the talent, creativity and innovative drive of 18 people.

With each step taken, we reinforce our commitment to a more efficient and sustainable infrastructure model with a positive impact on society and the environment. Innovation will continue to guide our roadmap and open up new opportunities to continue transforming the world we share.

Discover the 2025 Innovation Report here.

Featured projects

iPad Prize Draw: Winning Shareholders

Thank you for participating in Sacyr’s 2026 Annual General Meeting (AGM).

 

In accordance with the terms and conditions, following the conclusion of the 2026 AGM, a prize draw was held for 10 iPads (11” 2025 model, A16, Wi-Fi) among those shareholders who participated in the meeting by voting, proxy, or remote attendance, and who registered via the draw entry form.

 

The winning shareholders are:

  1. Jose Nuno Henriques Lebre De Lima Felix
  2. Concepcion Morell Garcia
  3. Maria Del Rosario Velasco Hermoso
  4. Susana Fernandez Pestaña
  5. Prudencio Manrique Garcia
  6. Francisco Manuel Becerra Rubiano
  7. Carlos Gonzalez De Langarica Diez
  8. Jaime Mendez Anes
  9. Maria Teresa Martinez Climent
  10. Carlos Ezama Martin

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