Investment

Tehuantepec Isthmus wants to compete with the Panama Canal

Expansion works of the Panamerican Highway in Panama.

The expansion of the Panama Canal has inspired several countries in Central America such as Costa Rica and Honduras to build their own dry canals. To achieve this, new roads, railways and ports have been constructed over the last few years.

Now it is the turn of Mexico, which is investing $153 million to spur economic development in the Isthmus of Tehuantepec interoceanic corridor through a comprehensive project that will connect the Gulf of Mexico […]

High speed ferry could ease Panama West traffic

Los ferrys son un medio de transporte común en las Islas Azores.

By Franklin Castrellón

Trade and maritime industry sectors consulted by The Bulletin on the possibility of establishing a high-speed ferry service between Panama West and the capital city to relieve land traffic jams during peak hours, agreed that “at least the initiative deserves a feasibility study by the government”.

They pointed out that the studies should focus on potential demand and economic viability, including various alternatives for the development of such a project, as was […]

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 […]

Our Hidden Highway

Puerto de Vacamonte.

The Bulletin has suggested a passenger ferry route along the Pacific coast, from both east and west to Panama City to help alleviate present and future traffic congestion.

The word “ferry” covers a variety of water transport vehicles. What The Bulletin suggests is passenger ferries for a metropolitan service. This should not be confused with vehicle ferries, such as that used in Aguas Claras, Colon, or the ship-size truck, car and passenger ferries, such as […]

The Logistic Cabinet and its new strategies

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The Panamanian logistic sector is gaining the reputation of being the most competitive in the region and has managed to lead international rankings in 2016 such as the World Bank and the World Economic Forum.

Currently, this activity is moving forward with a steady pace and in the right direction, said the Minister of the Presidency, Alvaro Aleman, during his presentation about the Logistics Cabinet Achievements in 2016. The event brought together different experts from […]

Tocumen builds an international waste plant

El Aeropuerto Internacional de Tocumen genera seis toneladas de basura por día.

Tocumen International Airport general manager, Joseph Fidanque Tercero, has broken ground for the construction of an International Waste Plant.

This plant has the capacity to technically and effectively handle the collection, selection and final disposal of organic and inorganic residues, liquids and non-dangerous substances that are left by aircraft which operate in that air terminal. The building of the project was given to the Spanish company, Oproler, at a cost of $3.5 million. They will […]