Investment

Panama opens consulate in Morocco

Panama has inaugurated a consulate in Morocco with the idea of boosting commercial relations between both countries, especially in areas related to industry, port, shipping and logistics.

Jorge Barakat Pitty, Panama Maritime Authority Administrator, said that the inauguration of the consulate is a historical event and he expects that it will be productive for both countries.

Panama is the gate of access to North and South American markets, while Morocco is the key point for […]

Preparations for the fourth bridge over the Canal are going forward

El cuarto puente aliviará el congestionamiento vehicular.

The Ministry of Public Works (Ministerio de Obras Públicas (MOP)), through the web page, Panamá Compras, has announced the change of date for the meeting with prospective contractors for the “Design and Construction of the Fourth Bridge over the Panama Canal” which will now take place from November 21 to November 25.

These approval meetings with the pre-qualified companies will be from 9:30 a.m. to 1:30 p.m. during that week at the Universidad Especializada de […]

Port of Corozal will create 2000 direct jobs

Puerto de Corozal.

The development of a container port in the area of Corozal West, on the east bank of the Panama Canal’s Pacific entrance, will give an injection of over $1.3 billion to the economy and will create around 2,100 direct jobs during its construction.

The Panama Canal Planification and Commercial Development vice-president, Oscar Bazán, explained that the Port of Corozal is in the tendering stage and will strengthen the competitive advantage of the route through Panama […]

Four new ACP mega projects

La ACP quiere construir una terminal para buques de gas natural licuado.

By: Franklin Castrellón

The Panama Canal Authority (ACP) has announced the development of four mega projects in addition to the Port of Corozal. According to its administrator, Jorge L. Quijano, it will add value to the Panamanian route and boost the development of the country as a global logistics hub. The plan is to create a logistics park, a terminal for liquid natural gas (LNG) ships, another port for car carrier vessels and a photovoltaic […]

Third bridge over the Canal exceeds 52% progress

Tercer puente sobre el Canal

Construction of the new bridge over the Panama Canal in Colón reached 52% completion, including such aspects as the main towers, piles and viaducts to the structure which will enhance the development of Costa Abajo area of the Colón province.

The new bridge will have four lanes connecting the communities of Costa Abajo with the city of Colón, which will improve communication with the rest of the country and open up opportunities for business growth […]

Wasted opportunities and the logistic industry

La ampliación del Canal ha abierto muchas oportunidades.

By: Carlos Ernesto Gonzalez de la Lastra

For many years there have been discussions in Panama about how to consolidate the country as a quality, first class logistics platform at the service of the world.

The World Bank, the Interamerican Development Bank and the Latin American Bank (CAF) have cooperated actively with the government of Panama to restructure the institutional legal framework, develop infrastructure and a long term logistic plan that is necessary in order […]

Panama Logistics System

Sistema Logístico de Panamá

Ing. Rodolfo Sabonge Consultor independiente

Oscar Johansen Bertoglio’s Theory of General Systems says, “… there are phenomena that can only be explained by taking into account EVERYTHING that is part of them and of which they are part of their interaction.” “… That is, a system as a whole behaves inseparably and coherently. Its different parts are interrelated in such a way that when one is changed it alters the others and the system as […]