Investment

MOP presents details of fourth bridge over Canal

Maqueta del Cuarto Puente sobre el Canal.

The Minister of Public Works, Ramón Arosemena Crespo, presented before the Board of Directors of the Panamanian Chamber of Construction (CAPAC) everything related to the megaproject of the fourth bridge over the Panama Canal. This work will improve the connectivity of more than 1.7 million residents of the West side of the country.

The fourth bridge over the Canal is an unprecedented and very important project for the country, since it includes a unique cable-stayed […]

Panama must solve problems limiting competitiveness

Índice de competitividad en Latinoamérica y el Caribe.

By Franklin Castrellón

Panama has dropped eight positions in the Global Competitiveness Index 2017-2018 which is made every year by the World Economic Forum (WEF). The country has fallen to 50th position among the 137 economies evaluated under the twelve pillars of the ICG.

They include institutionality, infrastructure, macroeconomic stability, health and primary education, higher education and training, stock market efficiency, labor market efficiency, financial market sophistication, technological availability, market size, business sophistication and innovation.

[…]

Chinese companies eye Colon Free Zone

Businessmen from various commercial sectors of the People’s Republic of China, distributors of hardware and technology, visited the City of Colón interested in knowing the operation of the Colon Free Zone, with a view to establishing companies.

The Chinese entrepreneurs were welcomed by the Manager of Zolicol, Manuel Grimaldo, The group is in Panama to participate with a pavilion in Expo F; an international trade fair for hardware, tools, fasteners and metalworking, with significance for […]

Construction starts on Amador Cruise Port

Una de las propuestas para el terminal de cruceros de Amador.

The movement of the first shovel of earth in the construction area, work began on the Amador Cruise Terminal.

This is an initiative promoted by the national government through the Panama Maritime Authority (AMP) marking the beginning of a new phase that will impact favorably on the maritime industry and will promote the diversification of the national tourism sector with the arrival of more cruise ships to the Amador area.

The future Amador cruise terminal […]

Positive results from creation of the Coiba National Park

In the Coiba National Park environment, marine diversity is stable, but outside the protected area there is an alarming decrease in several species. The Panama International Maritime University (UMIP) through the Faculty of Marine Science has been monitoring the reef communities in Coiba National Park for three years. This project is funded by the International Conservation Organization, a corporation that is based in the United States and has offices in Panama.

Interesting facts come out […]

MOP receives proposals for fourth bridge over the Canal

Cuarto puente sobre el Canal.

Panama’s Ministry of Public Works (MOP) received the proposals from the four prequalified consortia for the design and construction of the fourth bridge over the Panama Canal.

At the ceremony, held in the Yellow Room of the Presidency of the Republic, the companies presented their proposals: Consortium Panama Fourth Bridge, made up by China Communications Construction Company Ltd/China Harbor Engineering Company Ltd; Dragados Sucursal Panamá, S.A.; Astaldi Consortium – DAELIM conformed by Astaldi S.P.A./ DAELIM […]

BID promotes Mesoamerican transport, logistics and integration

El corredor mesoamericano.

The Inter-American Development Bank (IDB) announced a contribution of $800,000 through the approval of two technical cooperation grants, each of $400,000, for the Strategic Program for the Development of Infrastructure and the Strategic Program for the Development of Integration.

In both cases, the beneficiary countries will be Mexico, Belize, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and the Dominican Republic, members of the Mesoamerica Project.

In this way the IDB will contribute to the […]