Free Zone Logistics Center in Tocumen

In an area measuring ​​200 hectares the airport administration will develop a free zone for logistics companies, investing $30 million in the first stage.

Thursday, April 14, 2016

The airport administrators said that "... the plans focus on adapting the 200 hectares that are part of the land area of the cargo terminal, transforming them mainly so that they can be developed by companies working in logistics services, storage of goods, assembly, high - tech companies related to aviation and airports, processing of finished or semi - finished products, specialized health services, among other things. "

"... The estimated investment amount for this project is about 30 million dollars in its first stage. At the moment studies are being undertaken of the different business models that will be implemented in this area. The administration of Tocumen, foresees major growth in this sector, and has developed a master development plan with investments up to 20 years which include leveling the land and building infrastructure to ensure strong growth, while providing the opportunity for companies to set up in the special area or free trade model that will strengthen the logistics cluster in the airport. "

From a statement issued by Tocumen International Airport:

The increase in demand for cargo movement through air transport has led to the administrators of Tocumen International Airport to propose alternatives for the development of a logistics area that includes the implementation of a free trade zone, within the grounds of the Panamanian terminal.

Beyond the high passenger traffic recorded in the "Hub of the Americas", and in addition to it, the idea it to take advantage of the connectivity it provides, by fostering a development of a strategy for this area which will allow the land infrastructure and geographic location to be used in a better way.

More on this topic

Tender Being Prepared for Logistics Zone in Tocumen

October 2017

In January 2018, the first stage of the new cargo logistics zone of the Panama City International Airport will be tendered, which will require an investment of approximately $12 million.

Carlos Duboy, manager of Tocumen S.A., explained to that " ...

Logistics Center in Tocumen to be Tendered in April 2017

October 2016

The first stage of the project to develop a logistics center and free zone on 200 hectares in a section of Panama City airport will be tendered in six months.

The head of Tocumen S.A. told that "... the beginning of the bidding process is expected within six months, and the first stage will start with an investment of $15 million. 'The board of directors has already authorized us to start with the development of the urbinization to adapt 60 hectares for the concession and build the logistics craft'."

The Advantages of Tocumen as Cargo Hub

February 2016

As a gateway to 90 destinations in America and Europe, and soon Asia, Panama International Airport is venturing into the high value air cargo business.

The development of the logistics area at Tocumen International Airport will bring opportunities for infrastructure development in terms of roads, land leveling and construction and fitting of galleys and sheds.

A Free Zone at Tocumen Airport

November 2014

Airport authorities are preparing a plan to develop infrastructure for a free trade zone in an area measuring ​​70 hectares within the terminal.

The increase in cargo volume and the demands of logistics and transport have led to Panamanian authorities at Tocumen International Airport to propose two alternatives for the development of a free zone within the terminal.

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