Investment

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 […]

Corozal and Amador will strengthen Panama’s competitiveness

Sitio del futuro puerto de Corozal.

The start of construction of the Port of Corozal and a pier which will serve the auxiliary maritime industry in the Pacific littoral will give added value to the Panamanian route and will boost Panama’s transformation into the Americas’ logistic platform, local shipping industry sources informed “The Bulletin”.

Also Panama Canal Railway Co. (PCRC), the U.S. railway operator that connects the three ports of the Atlantic with the port of Balboa in the Pacific, has […]

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 […]

Avianca Holdings studies three airline proposals

Avianca tiene problemas financieros.

Avianca Holdings are expected to make a decision on which foreign carrier investment package is best suited to its current and future needs following the submission of three proposals.

Quoting sources familiar with the proposed deal, The” New York Times” reports US-based hedge fund, Elliott Management, which is involved in the deal, received proposals from Panama’s Copa Airlines, United Airlines parent United Continental Holdings Inc, and Delta Air Lines, the latter two from the U.S.

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