Panama: Port in Corozal Under ConsiderationThursday, July 17, 2014 The Panama Canal Authority is considering building a new port in the form of an administrative concession in the area of Balboa. If the board of the Panama Canal Authority (ACP) approves the project it is estimated that the tender process could be held in October. New Attempt to Get a Port in CorozalThursday, May 4, 2017 The Panama Canal Authority insists on the great commercial potential a port in Corozal Oeste would have, and announced that it will be re-evaluating alternatives to develop it. From a statement issued by the Canal Authority: Panama: Ro-Ro Terminal in CorozalMonday, November 30, 2015 The Panama Canal Authority expects to start in February the construction of a specialized Roll On-Roll Off cargo terminal in the Pacific, next to the planned container port in Corozal. The purpose of a specialized rolling cargo terminal is to turn the area where it will be built into a center for redistribution of vehicles, machinery and heavy equipment to serve the local market and other Latin American countries. China as a Customer of the New Panama CanalTuesday, June 28, 2016 The Chinese giant Cosco Shipping Group has announced new business strategies, which involve the passage of ships carrying 14,000 TEUs through the Canal and transshipments on the Pacific coast. The interest of Cosco Shipping Group in transporting goods through the country confirms once again the need for Panama to accelerate approval of the project to build a new port terminal in Corozal, and with the same benefits as offered in other ports. Port Expansion Approved in PanamaMonday, August 19, 2013 The Panama Canal Authority has authorized the expansion of the Rodman Container Terminal, owned by PSA International. According to Jorge Quijano, administrator of the Panama Canal, it is now up to the Panama Maritime Authority (AMP) to give final approval to the extension. Panama Canal: $370 million in InvestmentsMonday, August 27, 2018 Among the Canal Authority's investment plans for 2019 is construction of a second dump for the management of the reservoirs, and the purchase of a floating dock and crane. The budget approved by the Assembly for next year includes specific items requested by the Canal Authority (ACP), which project several investments to improve the performance of the interoceanic highway. China and Another Panama Canal ExpansionWednesday, February 11, 2015 Studies are being carried out to ascertain feasibility and demand for the construction of a fourth set of locks on the Panama Canal, with interest in the project being shown from the China Harbour Engineering Company. Representatives from the China Harbour Engineering Company (CHEC), who have shown interest in the finance, design and construction of a fourth set of locks, will be visiting the country in order to follow up on the studies and projects which the Panama Canal has planned for the coming years. More Port and Logistics Investment in PanamaFriday, January 16, 2015 The Panama Canal Authority plans to tender a logistics park and port for ships transporting vehicles and machinery, as well as a study for a logistics annex to the new Pacific locks. It is expected that the proposals will be taken to the Board of Directors of the Panama Canal Authority (ACP) in the first six months of the year for approval. These projects would be given in concession through tenders and the ACP would only invest in the dredging needed for the vehicle transporter port. Panama and its Destiny As a Global Logistics CenterTuesday, July 19, 2016 In order to take advantage of the connectivity offered by the Canal and its strategic location, the rules for logistics and port industries must be improved and modernized. The infrastructure and technology is in place, but a better legal framework is needed in order to take advantage of the connectivity and advantages of the Canal and the location of Panama in the Latin American region. No Room for Expansion of Port of BalboaFriday, October 11, 2013 Panama Ports Company needs the lands near Corozal but these belong to the Panama Canal Authority which intends to build a new port. "They are our (lands) and we will use them for our activities and they are not available to be sold to anyone," said Jorge Quijano, Canal administrator. Panama: Netherlands interested in Port in CorozalThursday, February 6, 2014 Dutch companies will be taking part in the competition for the concession of the container port planned by the ACP in the vicinity of the Port of Balboa. Companies from the Netherlands have shown an interest in developing a new container port in Corozal in the 46 hectares belonging to the Panama Canal Authority, as confirmed by the Dutch ambassador to Panama, Jakob Wiebe de Boer. ACP Invests $90 million in Land for PortMonday, September 23, 2013 The Panama Canal Authority has acquired a 46-hectare lot in Corozal, where it intends to build a new container port. The Panama Canal Authority (ACP) already owner 70 hectares in the same place, where it plans to build the port in two stages. Jorge Luis Quijano, the entity manager, explained that the land was owned by the Ministry of Economy and Finance (MEF), who was paid $89.8 million. Panama: Tourism or Logistics Park in Punta BateleTuesday, May 20, 2014 The area near the entrance of the Canal where land was recently sold to develop a resort could also host port logistics parks. According to analysis by the Interamerican Development Bank (IDB) and the Canal Authority of Panama (ACP) the location of Punta Batele in the Pacific entrance of the canal, is ideal for port and logistics activities, taking advantage of its mixed inner city zoning generating increased revenue. In Favor of the Development at CorozalWednesday, November 9, 2016 The Panamanian private sector advocates approval of the bill that would give the operator of the port at Corozal the same tax benefits as other companies. From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP): Prequalification of Companies for Port CorozalWednesday, November 25, 2015 The Panama Canal Authority has been given the green light to start the process of prequalifying companies interested in bidding for the award of a container transshipment port in Corozal. From a statement issued by the Panama Canal Authority: |
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