Logistics firm to expand its Panama operation

The Italian company Savino del Bene, which offers logistics and multimodal transportation services, plans to expand its Panama operations.

Thursday, July 3, 2008

The company's general manager in Panama, Doménico Mallia, expects to open an office in Colón early in 2009. He is also studying the possibility of opening a branch office in Paso Canoa to provide ground transport services.
The 90-year-old firm opened its doors in Panama in February 2007, after investing about 400 million dollars.

More on this topic

Expansion of Colon Free Zone

April 2017

The purpose of the multimodal logistics center now under construction is to connect the primary customs zone with the Colon area under the same tax regime, and the commercial areas of Coco Solo and Coco Solito.

The construction, being carried out by Constructora Urbana (Cusa SA) must be completed in 18 months. The project consists of building the entrance and exit building to the multimodal logistics center on Randolph Avenue, and the objective is to unify the primary customs zone with the area of Colon under the same tax regime as the expansion areas developed over the last 20 years in Coco Solo and Coco Solito.

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.

A Comprehensive Logistics Law for Panama

July 2012

The increased activity which comes from being a global logistics hub, expected to increase even more when the expanded canal is operating, requires an all encompassing regulatory framework.

Cargo agency representatives agree that the lack of a regulatory framework leads to situations where the problem is solved at the discretion of the officer involved.

The "Cons" of the Panamanian Logistics Hub

July 2012

Panama has proclaimed itself the No. 1 logistical hub in America, but there are still some weak links in the chain.

According to businessmen interviewed by Melissa Novoa and Oscar Brown for an analysis in Martesfinanciero.com, one of the weak links in Panama’s logistics chain is that "logistics are still not moving towards comprehensive e-commerce."

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