Government

Government of Panama proposes to extend Colón Container Terminal contract

Colón Container Terminal.

The Minister of the Presidency, Álvaro Alemán, presented on January 19 a bill before the National Assembly to award an extension on the 20 year contract for the development of the Port of Coco Solo North Container Terminal, in the Colón province.

According to information supplied by the Government of Panama, the minister said that in 1996 a Contract for the development, Construction, Operation and Administration of a Container Terminal in the Port of Coco […]

Panama Logistic Park a platform for global businesses

Parque Logístico Panamá.

The Corporate Group Perez, which has taken part in logistic of the country for more than 60 years through its companies Ricardo Pérez, S. A. – distributor of Toyota, Lexus and Hino, and Interoceanic Cargo Carrier, identified the need to invest in the country’s logistic infrastructure by developing Panama Logistic Park, an industrial and logistic platform for global businesses.

PLP, is a logistic and industrial development “Class A+” of 46 hectares, strategically located in the […]

Logistic Cabinet will launch new platform

Parque Logístico Panamá.

In a period of six months, some problems that affect the Panamanian logistics system should be resolved, with the implementation of a one-stop shop that will eliminate photocopies and implement online payment of Customs services, informed the president of the Panama Chamber of Shipping, warning that it is necessary for all government institutions to be aligned with the development plans presented by the Logistics Cabinet and the logistics industry to attract more transshipment cargo to […]

Panama and Argentina must strengthen their relationship

The governments of Panama and Argentina are aware that, although they have an old and solid bilateral relationship, many issues remain that need to be strengthened. That was the first conclusion of a three-day visit to Buenos Aires by Panamanian Vice President, Isabel de Saint Malo, who told reporters that “there is much to be done” between the two countries.

Saint Malo, who is also the Foreign Affairs Minister, arrived in Buenos Aires just a […]

The great problem of land transport

Alrededor de 90,000 personas usan la Autopista Arraiján-La Chorrera diariamente.

There are ambitious plans to build a fourth bridge over the Panama Canal, a monorail to the west and an eight-lane Pan American Highway. But will this solve the traffic problem?

A great percentage of the public living in Panama West travel to work in the Capital City. The reason for this phenomenon is simple. The price of housing is so high in the metropolitan area, fueled by speculators and a lack of land, that […]

Panama and Lebanon to strengthen maritime ties

Isabel de Saint Malo, Canciller de Panamá.

Panama and Lebanon will seek to strengthen their relations, especially in the maritime and commercial sectors, concluded the Panamanian Foreign Minister, Isabel De Saint Malo, and her Lebanese counterpart, Gebran Bassil.

The Minister of Foreign Affairs and Emigration of the Lebanese Republic visited Vice President and Foreign Minister De Saint Malo in order to give a new impetus to their bilateral and commercial relations, informed that ministry.

Both leaders “addressed the possibility of reaching cooperation […]

Panama and Lufthansa will sign agreement to boost tourism

Panamá y Lufthansa firmarán acuerdo para aumentar turismo

The Cabinet Council authorized the Panama Tourism Authority to sign a Shared Publicity Agreement for $8.5 million with the German company, Deutsche Lufthansa Aktiengesellschaf, to promote Panama as a tourist and commercial destination in Europe.

This agreement was negotiated during the recent visit of the President of the Republic, Juan Carlos Varela, with Lufthansa’s Chief Commercial Officer, Jens Bischof, with the idea of increasing the volume of traffic between Europe and Panama and at the […]