$4 Million Investment in Logistics Center in Panama

Ricardo Pérez S.A., a distributor for Toyota, Daihatsu and Hino, is building a logistics center with advice from the Toyota Corporation.

Friday, March 13, 2009

The logistics center, located near the Pacific and Atlantic ports, will open in May.

Fernando Miranda, vice president of post-sales for Ricardo Perez S.A., explained the advantages of the center to La Estrella de Panama: "This project brings efficiency and agility in customer dispatch, reducing time and cost." It will allow the company to “reduce the time between port arrival and placement of the products for sale from 5 to 2 ½ days."

More on this topic

Expansion of Colon Free Zone

April 2017

The purpose of the multimodal logistics center now under construction is to connect the primary customs zone with the Colon area under the same tax regime, and the commercial areas of Coco Solo and Coco Solito.

The construction, being carried out by Constructora Urbana (Cusa SA) must be completed in 18 months. The project consists of building the entrance and exit building to the multimodal logistics center on Randolph Avenue, and the objective is to unify the primary customs zone with the area of Colon under the same tax regime as the expansion areas developed over the last 20 years in Coco Solo and Coco Solito.

FedEx Confirms Investment in Honudras

December 2011

With an investment of $25 million the multinational will build a logistics park in Valle de Amarateca, together with company Gutiérrez Logistics.

In an area spanning 70 hectares, the logistics center will feature complete services, container parking, security systems, fiber optics, banks and even a health center.

Hybrid Car Toyota Prius in Guatemala

June 2009

On June 23rd, Cofiño Stahl, the Toyota distributor in Guatemala will officially launch the hybrid vehicle Toyota Prius.

More than 1.2 million Toyota Prius´ have been sold in 40 countries since it was introduced to the market in 1997, breaking the world record for the sale of vehicles in the hybrid category. The majority of these cars sold are circulating in the United States.

Toyota Prius is the first hybrid car in the Panamanian market

October 2008

The Ricardo Perez S.A. agency announced that it will sell the car in the market starting in 2009.

The Toyota Prius has beaten the world record in sales for this category, selling more than one million units in the US, Europe, and Japan where it was first sold.
In line with hybrids, this global campaign by Toyota includes the integration of hybrid technology with a domestic connection.

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