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.

In 2012, the Panamanian government awarded the company 27 hectares in concession, in Isla Margarita in order to develop the project.

Detail of some of the works:

-Dredging of an estimated 365,600 m3 over an area of 22 ha. With the main objective being to deepen the entire area of operations for ships to 16 m below the low tide.
-Filling in of the sea bottom of the concession area with 480,000 cubic meters.
–Construction of a quay measuring 1,495 meters.
-Construction of an administrative area with a total area of 12,074.79 square meters.
-Construction of an operations and planning control area with a total area of 6878.54 m2, in this section a building will be erected a with an area of 1,008 m 2 on one level, with a height of 3.60 meters.

Approximate distribution of investment: