Panama Canal: $370 million in Investments


News from Panama

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 […]

September 4, 2018

Amador cruise terminal almost halfway done


News from Panama

I am really excited about the prospects of cruising from this convenient terminal in Panama City. Construction on the new cruise ship terminal on Amador Causeway is moving forward at a brisk pace. President Juan Carlos Varela toured the construction site this week and announced the project is 44 percent complete, which is good news for the […]

September 4, 2018

Susie meets President Varela


News from Panama

One of President Varela’s favorite restaurants is at  The Panamonte Hotel where we were enjoying cocktails by the fire last week As we had a bit of a problem with the road construction here that he solved two weeks ago, I wanted to thank him for supporting Boquete which I did.

August 28, 2018

Expectations for Expansion of Tocumen


News from Panama

Terminal 2, whose opening is scheduled for next year, promises to improve conditions at the Panamanian airport, making it competitive with other hubs in Latin America. The new Terminal 2, which is 92% complete, will have capacity to serve aircraft in 20 contact doors and 8 remote locations, taxiways, parking platform and aircraft circulation, adding […]

August 28, 2018

Panama Vies To Become Oil Producing Country


News from Panama

Panama is carrying out studies for potential oil exploration, hoping that recently discovered oil fields in neighboring Colombia close to Panama’s border could extend into Panama. Panama is 100-percent dependent on crude oil and refined oil products imports, although it is home to one of the most crucial shipping lanes in the world, the Panama […]

August 28, 2018

Motta revels in Panama Tocumen T2 duty-free concession win


News from Panama

Motta Internacional has won one of the two highly sought-after duty-free concessions at Panama Tocumen International Airport’s Terminal Two. The 10-year contract win will see Motta company Attenza Duty Free further expand its footprint in travel-retail in the region. Attenza will operate a multi-category duty-free store across 1,452sqm of retail space at the expanded Panamanian […]

August 28, 2018