Vision of Tocumen in the next ten years

Joseph Fidanque III

By Juan Rafael Cortés Dean

In the plans for the South Terminal of Tocumen International Airport is a monorail that connects with the Panama Metro Line Two that would cost $60 million. There is also a need to build a new control tower, a new Customs center, 20 gates in the terminal, a third runway and a school of logistics.

The master plan may cost $600 million at the end of the development.

This was [...]

China is betting on Latin America

By MarijuliaPujol Lloyd

China is becoming Latin America’s new investor relegating the United States to a second place due to the recession of its economy. Recently the Chinese government pledged to invest $250 billion in Latin America. Although the main recipients of the Asian country’s generosity have been Venezuela, Peru and Ecuador, it has begun to show some interest in Panama.

The Chinese Development Bank lends the money to Latin American countries in exchange for [...]

Third gate opened in Colon Free Zone

Third gate opened in Colon Free Zone

The Colon Free Zone administration has opened a third access gate to the Colon Corredor, located on Calle 17 A San Eladio, for entry and exit of personnel and rolling stock.

Surse Pierpoint, General Manager of the Colon Free Zone, said the new entrance enables the development of new commercial premises in the area of 17A street.

The Director of Security, Luciano Franco, said that it will have security and Customs officers to ensure order [...]

“Panama unprepared to take advantage of expansion”

“Panama unprepared to take advantage of expansion”

Missed opportunities for lack of logistic policies, says expert

By Marijulia Pujol Lloyd

The logistics sector represents 33% of Panama’s GDP and its impact is only reflected back on world trade because it is focused on the transit and movement of cargo. However, these activities do not have great effect on the rest of the country, which is losing a great opportunity to generate more investments and employment, was one of the conclusions of “The [...]

Maritime Queen 2015

Reinado Marítimo 2015

An event of solidarity and fellowship that serves to unite the maritime community is being held by the Panama Chamber of Shipping. All are invited to the official presentation of the candidates for Maritime Queen 2015 this Thursday, March 19 at the Crown Panama – Hotel El Panama at 6 p.m. Come and support your cluster.

 

CFZ management holds course on complaints

The Colon Free Zone (CFZ) management, headed by Surse Pierpoint working in conjunction with the Coordinating Committee for a Continuous Improvement Process, held the workshop “Handling Customer Complaints for Free Zone Users” with the aim of improving the processing and correction of complaints made by visitors to the area.

The main speaker was Liznette Ceballos, Bureau Chief of Quality Management, who explained how to comply with the form, “Application of Opportunity for Improvement,” a protocol [...]

Workshops held for Short Sea Maritime Transport

Transporte Marítimo de Corta Distancia en Mesoamérica

The first of the Public/Private workshops on Short Sea Shipping, or SSS, has been held in the city of Managua, Nicaragua, organized by the Central American Commission on Maritime Transport (COCATRAM), in coordination with the Panama Maritime Authority (AMP) and with logistical support from the Inter American Development Bank (IDB).

The activity had the objective: of reviewing and validating with the public and private sectors in each of the ten countries of the Mesoamerica Project [...]