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

The Potential of a Logistics Area in Tocumen

November 2017

Ten companies have already expressed interest in the free zone that Tocumen is set to develop in the airport's cargo terminal, whose tender is scheduled for the end of November this year.

The logistics zone will cover a total area of 35 hectares, but the first stage, which will begin in the first quarter of 2018 with earthworks, will include the development of 18 hectares.

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 Prensa.com that " ...

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.

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.

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