The Potential of a Logistics Area in Tocumen

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.

Tuesday, November 14, 2017

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.

Prensa.com reports that "...The ten interested companies are dedicated to transporting perishable products, pharmaceuticals, and light cargo that needs to be processed before being sent to its final destination."

Carmen Pages, Vice President of Strategy and Planning at Tocumen S.A. commented that "... companies that set up in the logistics area will pay a lease fee and an administration fee. 'This is a unique project in the region, since currently there is no logistics zone within an air terminal that operates under a free zone regime,' Pages said."

"... Among the value added to the products that will be handled at the Tocumen free trade zone are labeling in the language of the target market of the item. In addition, the project will allow products to be handled that need maintaining in a cold chain so as not to affect their content."

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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 Prensa.com 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 Laestrella.com.pa 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 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.

Free Zone Logistics Center in Tocumen

April 2016

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

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. "

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