$100 million Investment in Logistics Center in Panama is announced

The supermarket chain Riba Smith will expand the food technology industrial park to produce and distribute all kinds of goods from there.

Friday, December 13, 2013

This is the first private company that is backing a logistics center of this kind and size in the country. The industrial park could be in full swing in April 2014 and is located in the town of La Pita in the border area between La Chorrera and Capira.

The general manager of the chain, Javier Riba told Prensa.com that the company seeks to replace the bakery located on the site of vía Transístmica and put it within the province of Panama.

Riba said the complex features five buildings, but the one which is the most advanced is the baked goods plant where machinery has already been installed. "In this plant we want to continue working with our philosophy of "zero chemicals" but with a modern production method," he said.



More on this topic

Guatemala: $11 Million for New Logistics Center

March 2020

In the municipality of Villa Nueva, Nestlé began the construction of a new distribution center of 12 thousand square meters.

The construction of the new industrial park, which will have logistics services for import and export of finished products, storage, distribution of products to supermarket chains, wholesalers and retail, will be completed in August 2020.

$8 million investment in logistics sector

October 2018

The Peruvian group Ransa built in the municipality of Amatitlán, Guatemala, a logistics center dedicated to the distribution of perishable products.

Company representatives detailed that the new industrial complex, which is located at kilometer 29.5 of the road to the Pacific, has a frozen and refrigerated area of 1,500 m2, which is equipped with state-of-the-art technology.

Panama as a Distribution Hub for Chinese Products

December 2016

The Asian country believes that the improvement in the country's logistical conditions as a result of the Canal expansion, represents an opportunity to set up a distribution platform geared towards Latin America.

"... 'Panama already serves as a bridge, or as a window for the transit of Chinese goods into Latin America, and I think with the logistics development in Panama this role will increase more and will be made more use of by Chinese enterprises'" said the permanent representative at the Office of Chinese-Panamanian Business Development, Wang Weihua, according to Laestrella.com.pa.

The Potential of the Free Zone in Tocumen

June 2016

Ten companies have already shown interest in setting up in the logistics center to be developed in Tocumen, whose business plan and regulations for a free zone could be ready in September.

Among the activities that will be developed by the companies operating in the logistics park are packing and repacking, as well as product manufacturing and other complementary activities.

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