Three New Ports Projected in Panama

The Panama Maritime Authority is promoting the concession of two new ports on the Caribbean and one on the Atlantic, plus a shipyard in Colon.

Friday, February 4, 2011

The news was confirmed by Jorge Barakat Pitty, Deputy Administrator of the Panama Maritime Authority (AMP), who noted that "the three ports would be completely new and could be developed giving concession for the land and the sea bottom so entrepreneurs can develop the structure directly.”

Regarding the Braswell company's yard on the Pacific Ocean, whose concession expires this year, the AMP official said, "The Government intends to launch an international tender for any person supporting their financial ability to invest on the shipyard."

More on this topic

Port Modernization Projects

June 2015

The expansion of the port of Armuelles, expanding the capacity of the port of Vacamonte and studies to improve the capacity of agricultural bulk cargo in Aguadulce are part of the projects expected to be granted in concessions in Panama.

The Canal expansion has forced the upgrading and expansion of the capacity of the country's ports, for which reason the Maritime Port Authority (AMP) is studying the feasibility of improvements in some of the terminals and others have already started tender processes, such as the case of the port of Aguadulce, where "... a best value tender will be held for the existing facilities and verification of the capacity for its expansion so that it can accommodate a component for agricultural bulk cargo."

Multimodal Port Construction Cleared to Go

September 2013

The Venezuelan company Chambers Trading Enterprises Inc. will finance the construction of the new port of Aguadulce, in Panama, which will require an investment of $1.25 billion.

Work on the new port is planned to start in January 2014. "This week the governor of the province of Cocle, Juan Carlos Rodriguez, acting as legal representative of the project, signed the documents that give financial support to undertake the work", reported Prensa.com.

Tender for New Port in Panama

September 2011

The third terminal port on the Pacific is to be built in an area of 112 hectares. Companies such as APL from Singapore, Cosco from China and Evergreen from Taiwan have been invited to participate.

The new terminal on the Pacific side of the Panama Canal will compete with the ports of Balboa and the port of Singapore.

Panama to grant concession for ports in the interior

September 2008

To date, the board of directors of the Maritime Authority of Panama (AMP) has approved the process fr the concession of the Aguadulce port.

Bidding for this port will be done by PanamaCompra. The State, by way of AMP, started this new stage in order to offer concessions for some ports in the interior of the country that have not been developed due to lack of capital.

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Comisión Centroamericana de Transporte Marítimo

Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Phone: (505) 2222-2754 - (505) 2228-2087

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