In January 2018, the first stage of the new cargo logistics zone of the Panama City International Airport will be tendered, which will require an investment of approximately $12 million.

Carlos Duboy, manager of Tocumen S.A., explained to Prensa.com that “ … the project includes a logistics area and a free zone. It will be divided into three phases of construction in an approximate area of 45 to 50 hectares of land within the airport itself.” Construction of the first stage is scheduled to start early in 2018, and will include a road, landfill and earthworks, among other things. Next year will also see the start of the delivery process of concessioned spaces in the logistics area to interested companies. Duboy explained:   “…”We are about to launch the first phase of the project to start the concessions to interested companies and the construction of the first thirty warehouse areas next year. Once we have done the first phase, which will take about three years, we will proceed with phases two and phase three.’” “… He clarified that the more than $10 million that will be invested in the project will only be used to adapt the land and that the concession companies will be in charge of building their own warehouses with their own resources. The size of the land for each warehouse space is 5 thousand to 10 thousand meters.  ‘We are going to give them lots, served with electricity, water and basic infrastructure, and every concessionaire, every operator, will have to build their own warehouse,’ Duboy said“.