Logistics Master Plan for Panama

The government has announced a committee formed of entrepreneurs who will design a national logistics strategy, focusing on redirecting the Colon Free Zone, integral panning for ports and the technological inter-oceanic corridor area.

Friday, November 27, 2015

The purpose of this Committee consisting of 7 members of the private sector, is to define together the plans, programs and goals of a Master Plan which aims to develop the sector as a whole.

A statement from the Presidency of Panama states that "... This committee consists of four members appointed by the Business Logistics Council (COLE) Severo Sousa, Daniel Isaza, Joaquin Meis and Antonio Garcia Prietto and three members appointed by the Executive: Pablo De La Guardia, Ricardo Lince and Enrique Clement.

Vice Minister of the Presidency Augusto Arosemena, said it is unprecedented that the private sector formally works together with the national government of the country on a logistics strategy.

More on this topic

Cargo Movement and the Future of Business

July 2019

Building specialized docks for the auxiliary marine industry and increasing the capacity to deliver quickly by air are some of the challenges that Panama will face in the coming years.

The Panamanian economy depends heavily on the logistics sector, but currently faces new challenges because of the increasing competition from other regional players who offer better costs in managing cargo on a large scale.

Food industry: $95 million Investment

April 2018

The Nestlé company invested $20 million in Panama in its new distribution center and $75 million in a purchasing hub.

According to representatives from Nestlé, the new distribution center is located in Parque Sur and the investment allowed them to increase their logistics capacity by 40%, and the shopping hub is located in Costa del Este.

Logistics Panama: Change to Survive

October 2016

With a "roadmap" proposed for the next four years, the sector aims to improve conditions in the country as a logistics hub and compete better with other Latin American ports.

With the help of the CAF Development Bank, the sector of Panamanian logistics companies aims to develop a plan to improve the supply of services in the country and compete better with other logistics development poles that have improved their position in Latin America. One example is Colombia and its Cartagena and Buenaventura port terminals, explained Susana Pinilla, from the CAF.   ""...  The boats when docked in those ports do transshipment, which has access to value-added processes; or they serve the need for supplies. There is a robust supply of bunker, among other conditions referenced in catalogs on global logistics services. "

Panama Not Organized as a Logistics Hub

February 2013

If it wants to be at the top of the global logistic map, it is not enough to manage the Canal well, Panama must also realize its potential with a long-term strategy.

Capital.com.pa reports that "Despite having a privileged position and have seas on both sides, a growing canal for ships to pass through and the latest generation of ports, Panama still doesn’t have a national logistics strategy that allows efficient connectivity and competitive costs, which means that the country is still far from becoming the logistics hub of America.

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