USTDA Awards Grant For Air Cargo Facility At Tocumen In Panama

USTDA awarded a grant to Gulf Coast International Cargo Panama, S.A., a private cargo and distribution firm, to increase Panama's trade capacity and strengthen its food security distribution system

Thursday, September 17, 2009

The grant reflects USTDA's strategy of focusing on projects in Panama that will create export opportunities for U.S. goods and services by funding a feasibility study on the construction of an air cargo facility with cold storage capability at Tocumen International Airport.

USTDA Acting Director Leocadia I. Zak and Gulf Coast Panama President Alfredo Mejía-Aoun signed an agreement to confer the $258,000 grant award.

"Trade is an essential catalyst for growth," said USTDA Acting Director Leocadia I. Zak. "USTDA is pleased to be a partner in this effort to develop the necessary air cargo facilities for perishable and non-perishable products that need to be shipped on an expedited basis."

At present, few air cargo facilities in Latin America and the Caribbean have cold storage capacity, which hampers the region's ability to develop international markets for its perishable products and contributes to the region's food insecurity. To help address this need, Gulf Coast Panama proposed the construction of a 2,330 square meter air cargo facility at Tocumen International Airport that would include refrigerated storage area for perishable goods.

The USTDA grant will support this effort by funding an assessment of the proposed facility. The study will provide Gulf Coast Panama with a market analysis, an assessment of facility requirements, a financial plan, and both developmental and environmental impact analyses, all of which are needed in order to move to project implementation.

The opportunity to provide the USTDA-funded assistance to Gulf Coast Panama will be competed on the Federal Business Opportunities (FBO) website at A link to the FBO posting will be posted on USTDA's website at Interested U.S. firms should submit proposals according to the instructions in the FBO announcement. Gulf Coast Panama will select the U.S. contractor that will carry out the assistance.

The U.S. Trade and Development Agency advances economic development and U.S. commercial interests in developing and middle-income countries. The agency funds various forms of technical assistance, early investment analysis, training, orientation visits and business workshops that support the development of a modern infrastructure and a fair, open trading environment. USTDA's strategic use of foreign assistance funds to support sound investment policy and decision-making in host countries creates an enabling environment for trade, investment and sustainable economic development. In carrying out its mission, USTDA gives emphasis to economic sectors that may benefit from U.S. exports of goods and services.

Market Intelligence

Everything about perishable goods exports in Panama.

Top exporters - Quantities, amounts and prices.

more info

More on this topic

Cargo Center for Flower Market

July 2013

Plans are underway in Chicago, USA to open a cargo center for perishable goods which includes flowers, one of the foremost products in the perishable goods category.

From an article by the Costa Rican Trade Promotion Office (PROCOMER):

Market development of floriculture in the U.S.

Panama Wants to Become an Agricultural Logistics Center

August 2011

The idea is to develop a storage facility for perishable goods coming from South America which would then be exported to the U.S.

The minister of Agricultural Develpment, Emilio Kieswetter, has visited the United States to see a new multimodal logistics platform by the company Gateway Mississippi Gulf Coast, one of the largest logistics centers in the country.

Tocumen to Receive Cold Storage Chambers

September 2010

The $4 million investment will see GCIC construct a cold store facility for handling refrigerated products in Panama's international airport.

The company Gulf Coast International Cargo (GCIC) will also set up a pre-certification center for goods coming from South America headed for the USA via Panama.

Storage plant progresses at Tocumen airport

January 2009

The plant which is managed by Gulf Coast Produce will be able to store up to 80 million kilos of perishable good per year in an area that is 3 thousand square meters. reports: "Mejia-Aoun, who serves as the liaison between the company and the government of Panama, said that the new plant will start to function before the end of the year.

 close (x)

Receive more news about Infrastructure and Construction

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Reduced $50,000 - Costa Rica Coffee Farm with 20 Titled Building Sites

This property has it all! Ocean views, streams, waterfalls, forest, profitable coffee production, convenience, seclusion, titled lots, electricity, water, road access, perfect weather. Now $649,000
Fantastic, hard to find - Ocean views from every lot,...

Government Procurement
Opportunities in the region

bid deadline

Apr 21
Apr 21
Apr 21
Apr 21
Apr 21
Apr 21
Apr 21

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Apr 23)
Brent Crude Oil
Coffee "C"