Latin America’s economy

Barletta: 2013 should be a good year for logistics development

Nicolás Ardito Barletta.

Panama is one of the rising stars of Latin America’s economy. The construction of large infrastructure projects, such as the $5.2 billion Panama Canal expansion and a $1.8 billion subway in the capital city, have boosted the country’s economy to 10.5% growth and reduced unemployment to 4.8% in 2012. It seems that the real challenge for Panama will be to position itself as a world-class logistics hub if it wants to consolidate its recent economic [...]