Logistics: Can Competitiveness Be Restored?

Investing in infrastructure that improves the connection between its main ports is one of the most determining factors for Panama to recover the competitiveness that is beginning to lose regionally and globally.

Wednesday, January 16, 2019

The Panama Maritime Chamber (CMP) presented its strategy "Maritime Vision Country 2019-2024", in which it analyzes that although the Canal was expanded and remains competitive at the port level in the region, the country needs to improve in terms of institutionality, human resources, infrastructure, processes and technology, to continue giving tools to the logistics sector to continue its development.

Roberto Sabonge, member of the board of directors of the CMP, told Laestrella.com.pa that "... Panama functions, with an integrated system between Atlantic, Pacific, rail and highways. The cargo moves between the oceans, and that should be able to function free of all bureaucracy and in a transparent manner."

Patricia Velásquez, president of the CMP, said that "... the maritime strategy includes five priority proposals that will enable the sustainable development of the maritime and port sector in Panama, in a short and medium-term period..."

The proposal prepared by the union includes institutional strengthening, the development of infrastructure projects, a greater strengthening of legal security, improvements in processes to streamline and improve procedures, and the negotiation of international agreements.

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More on this topic

Panama: 1.200 Hectares for Logistics Development

March 2016

The area in the Pacific entrance to the Canal could be leased by the State for the construction and operation of logistics infrastructure such as warehouses, cold storage facilities, ship repairs and a port for vehicles.

The 1,200 hectares owned by the State and "discovered" after cleaning and dredging of the areas surrounding the Canal expansion are part of a development plan that the Ministry of Affairs of the Canal is preparing to start when the new locks come into operation. The initial proposal is to lease the land to private companies so that they can develop the area, providing logistics services, transportation and communications to related industries.

Panama: A Logistics Plan for Chiriqui

October 2015

In January 2016 the results of a study will determine whether it is feasible to build multimodal ports in Bocas del Toro and Chiriqui and develop a logistic plan for the region.

The Maritime Authority of Panama explained that the feasibility study is being developed by Nathan Associates, which will have to deliver the results in January 2016.

Regional Logistics: Key for Competitiveness

February 2012

The homogenization of logistics processes in the isthmus under "a regional vision" would improve competitiveness and increase trade volumes.

Central America could improve its competitiveness and increase trade volumes with the unification of criteria for logistics processes under "a regional vision," said an expert from the International Finance Corporation (IFC).

Integration of Logistic Components in Panama

March 2011

To become a global logistics center, Panama needs to efficiently integrate the various components involved in this sector.

Panama is already a leading player in world logistics, and most of its assets "provide excellent results individually, but lack a collective sense."

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