Multimodal Port in Baru ApprovedWednesday, June 13, 2012 After 15 years of expectations surrounding the issue, the Panama Maritime Authority has included in its budget the works, which will cost between $50 and $100 million. The Panama Maritime Authority has approved construction of a multimodal port in Baru district, a project that will be included in the agency's budget this month, said its director, Roberto Linares. Panama: Plans for Multimodal Dock in El PorvenirMonday, November 5, 2012 Authorities announced they have the designs and feasibility studies for a port development in the area, after ruling out the reconstruction of the old Puerto Armuelles. According to an article in Prensa.com Minister Osman Gomez indicated that rebuilding the old pier would cost $70 million, so that option has been discarded. $600 million Port Project Hindered by Environmental IssuesMonday, January 29, 2018 The Supreme Court of Justice in Panama has accepted the appeal for legal protection brought against the construction project of a multimodal port in Isla Margarita, province of Colon. The Environmental Impact Study (EIA) that Panama Colón Container Port Inc. submitted at the end of 2016 to build a port terminal has been temporarily voided, while the Supreme Court of Justice analyzes the case before issuing a definitive ruling. Progress in Free Zone in TocumenMonday, April 10, 2017 An announcement has been made that in July the first licenses are expected to be granted to operate in the free zone which is being built in Tocumen and which will be ready within 18 months. The general manager of Tocumen, Joseph Fidanque III, explained to Prensa.com that there are already twelve companies interested in settling in the free zone which is to be built in the vicinity to the airport grounds. Chinese Interested in Reconstruction of Puerto ArmuellesMonday, February 23, 2015 Shanghai Haojun Investment & Management is interested in participating in the project to build a road between Puerto Armuelles and a complementary port on the Atlantic coast. The Chinese company Shanghai Haojun Investment & Management Co. Ltd. has expressed interest in taking part in the project which currently has a funding agreement for a technical study for the development of an intermodal canal, a multipurpose port and modernization of the infrastructure at the port in Armuelles. Expansion of Colon Free ZoneMonday, April 17, 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. Logistics Consulting for Puerto ArmuellesFriday, September 11, 2015 Nathan Associates is studying the reactivation of the terminal in Puerto Armuelles to generate development in western Panama and promote the country as a multimodal logistics center. The international consultant was formally hired this week by the Panama Maritime Authority (AMP) through a cooperative agreement with the Development Bank of Latin America (CAF). $594 million Port in ColonWednesday, November 16, 2016 Panama Colon Container Port has submitted an Environmental Impact Study to build a port terminal in Isla Margarita, Cristobal, province of Colon. Panama Colon Container Port Inc. presented the Environmental Impact Assessment (EIA) for the construction of a container port in the area comprising the sector Margarita Bay in the village of Cristobal, district and province of Colon. The project is called "Panama Colon Container Port" and requires an estimated investment of nearly $600 million. Real Estate Development for $100 millionMonday, November 21, 2016 In Panama an environmental impact study has been submitted to build a complex with apartment buildings with up to 14 floors, a commercial area and a hotel in Porto Belo, Colon. The Environmental Impact Assessment (EIA) was submitted by Porto Caribe, S.A. to the Ministry of Environment in Panama in September this year, according to information provided by the Business Intelligence Unit at CentralAmericaData.com. $400 million Investment in Port Rodman AnnouncedTuesday, April 21, 2015 Port of Singapore Authority plans to invest $400 million in its container terminal in Rodman, to increase capacity by two million TEU's and accommodate vessels carrying up to 24 rows of containers. The construction of two additional docks and installation of eight gantry cranes is expected to allow for "... accommodating vessels with up to 24 rows of containers." With this project the aim is to expand port capacity at the Pacific entrance to the Canal. Maritime Concessions in Isla Margarita ApprovedFriday, May 31, 2013 The contracts for the construction of a port and container yard in Isla Margarita, township of Cristobal, in the province of Colon, were approved on the second reading. The full National Assembly approved on its second reading draft laws No. 606 and No. 607, which approve the contracts between the state and the companies Panamá Canal Colon Port, Inc., and United Crown Construction, Inc., respectively, for the construction of a port and container yard on Margarita Island, village of Cristobal, in the province of Colon. Contract Signed for Convention CenterTuesday, October 16, 2012 The Tourism Authority of Panama and the consortium HPC-Contrata-P&V have signed a contract for the construction of the Convention Center on the Amador Causeway in Panama City. HPC-Contrata-P&V is comprised of the companies Soluciones Arquitectónicas (Costa Rica), Heliopol (Spain), Quality Construction (Puerto Rico) y P&V (Panama), its representative, Jairzon Hurtado. Opportunities in Logistics and Trade Between China and PanamaTuesday, November 28, 2017 On November 30, entrepreneurs from the construction sector in Panama will be meeting to analyze the current panorama of logistics and commercial development with the Asian country. From a statement issued by the Panamanian Chamber of Construction: Not Enough Logistics Parks in Costa RicaMonday, March 31, 2014 It has been estimated that there are 80 million square meters of space in unmet demand for use as warehouses, industrial buildings and Office-warehouses by logistics companies. In response to this lack of supply identified by Colliers International new projects have appeared west of the capital, near the logistics centers of companies which distribute their products nationwide. A Regional Humanitarian Aid Center in PanamaThursday, October 5, 2017 A logistics center for humanitarian assistance is to be built in a 6-hectare area south-west of the Panama Pacifico airport, which will include three 12,000 m2 warehouses and administrative buildings. This Logistic Center will be located southwest of the Panama Pacifico International Airport within the special area of the same name, in an area of 6.1 hectares and the complex will house: |
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