On Friday, July 17, the Panamanian Association of Business Executives (APEDE) hosted the Tourism Forum (FOTUR) in Colón to discuss strategies to drive economic development of the city and province.
Under the banner, “Tourism: engine for the transformation and development of the province of Colon”, the event enjoyed participation of well-known public and private figures, who discussed how the travel industry can drive needed economic development for Panama’s Caribbean coast.
Varela’s Urban Renewal Plan for [...]
Reviving the Colón Free Port Law
The plan to turn the city of Colón into a free port, which emerged 23 years ago, will finally become a reality. A key component of the initiative launched by the administration of President Varela, the plan to extend the free trade zone to include 16 blocks of Colón city, is a strategic move to attract the cruise ship market, whose travelers can benefit from duty-free shopping.
This plan [...]
At a press conference in Panama focusing on the tourism and aviation industry, Tony Tyler, CEO of the International Air Transport Association (IATA), referred to the advantages in Panama for the expansion of the Tocumen air terminal, describing it as one of the best airports in the world and a model for the aviation world. Present at the conference were David Hernandez, IATA Area Manager for Central America; Peter Cerda, IATA Regional Vice President of [...]
Starbucks and Juan Valdez, of Colombia, are just two of the companies interested in participating in tenders for commercial areas at Tocumen International Airport.
The specifications for the procurement of 15 of the 40 areas available at Tocumen will be announced in the coming weeks and the duration of the concessions is estimated to be between five and 10 years.
Starbucks has shown interest in participating in bids being made by Tocumen SA, specifically for [...]
As the builder of 14 commercial passenger ferries and day charter vessels, Sonny Eymann knows a thing or two about what it takes to provide reliable passenger service to meet the expectations of visitors, Pearl Island residents and business owners.
“Until we started the ferry service to Las Perlas, there was no reliable transportation between Panama City and the Pearl Islands,” said Eymann. “There were multiple commercial airline flights to Contadora, but a plane scheduled [...]