Plans are afoot to build a port on the Pacific as a base for the auxiliary maritime industry of Panama.

Capital.com.pa reports that “The Panamanian Chamber of Shipping Companies (CMP in Spanish) is structuring a project for the construction of a port on the Pacific coast area, specifically in Veracruz, in order to have an alternative for operations of the ancillary maritime industries, because at the moment there are no public or private options for carrying out these activities. ”

The auxiliary maritime industry is made up of a lot of companies which provide various types of services, supplies, repairs, service boats, fuel and other things.

Del Valle notes that “constructing a terminal requires a seabed and facilities to make the project profitable from all points of view, and in that sense the CMP has been exploring different areas that could satisfy these criteria.”

“The Guild initiative is supported by a study prepared by the World Bank (WB) entitled “Strategy for the Development of reverted areas”, which was conducted at the request of the government of Panama in order to find the most efficient uses for them, taking into account that the Canal expansion will change the logistics of the country and will bring endless opportunities for which the country must be prepared. The study indicates that Veracruz has solid potential for ancillary maritime industries terminals, passenger terminals and housing and is moderately positioned as a shipping parts distribution center.”

Source: Capital.com.pa