By WILL WEISSERT (Associated Press Writer)

From Associated Press

PANAMA CITY, Panama - The largest modernization project in the 92-year-history of the Panama Canal was up for a nationwide referendum on Sunday, with polls indicating overwhelming support for the $5.25 billion plan to expand the waterway for larger ships.

President Martin Torrijos' government has billed the referendum as a historic facelift that will double the capacity of a canal already on pace to generate about $1.4 billion in revenue this year.

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Posted by pichu at October 22, 2006 2:37 PM