Entrepreneurs Defend Legality of Port in Corozal

The union of entrepreneurs, APEDE, has appealed to the Supreme Court to defend the right of the Panama Canal Authority to develop port projects.

Wednesday, March 22, 2017

The purpose of the action is to demonstrate the legal freedom that the Panama Canal Authority (ACP) has to develop logistics and port projects.

See "What Panama Loses By Not Having Port in Corozal"

The argument is based on Article 8 of a regulation which empowers the ACP to undertake such projects.  The president of the Association of Business Executives (APEDE), Juan Gabriel Gonzalez, told Anpanama.com that "... with this Apede is demonstrating that the port issue, the ACP, or the Canal is not only a concern of the ACP but of all Panamanians."

See also: "Nobody Wants to Build the Port in Corozal"

"... Apede´s lawsuit is in response to a constitutional claim filed against the project managers that are promoting the waterway by a Panamanian lawyer."

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More on this topic

PPC´s Case Against Puerto Corozal Rejected

November 2016

The Supreme Court has rejected the appeal over constitutional guarantees filed by Panama Ports Company against the tender process for the port.

The port company had argued on several occasions that there was no need to build the port in Corozal, for market reasons, an opinion which it began stating when the Panama Canal Authority announced the project. PPC filed a legal action a few months after that announcement.

An Indispensable Port in Corozal

October 2016

Panama risks losing out to regional competition in the logistics area if the project to develop a cargo port in the area of ​​Corozal continues to be hindered.

From a statement issued by the Chamber of Commerce, Industries and Agriculture (CCIAP):

Corozal to Have Same Exemptions As Other Ports

May 2016

The Varela administration will be submitting a bill so that the company that wins the concession for the construction and operation of the port in Corozal can enjoy the same tax benefits as other port companies in Panama.

An article on Panamaamerica.com.pa reports that "...

"What You Don´t Sell Today, You Won´t Sell Tomorrow"

October 2015

The activity had gained momentum through the concession of a port in Corazal, but is losing it in the legislative halls of the National Assembly.

The old merchant´s saying is apt for illustrating the risk that Panama is taking by losing position in terms of regional competition in the logistics area.

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