Franc Pignais the managing director of Aegir Port Property Advisers, a consultancy that provides specialized real estate services for port authorities, investors and other participants in the shipping, maritime, port and logistics industries. He spoke with Institutional Investing in Infrastructure assistant editor Tyson Freeman about the Panama Canal Extension Project and recent port investment dynamics.
You have worked on the Panama Canal in the past; the expansion project seems impressive.
The canal has always been an impressive undertaking. It was considered by many to be the eighth wonder of the world when it was first built. It rivaled the space shuttle program in its technological reach in its time. For the U.S. to pull that off back then —