A geostrategic location and the presence of the Panama Canal make Panama a natural centre for transportation and logistics. In fact, the transportation, logistics and communication sector combined is easily the largest contributor to GDP, a fact recognised by the current administration. In its Strategic Economic Plan 2010-14, the logistics...
A continued push to become a major transportation hub in the Americas goes far beyond Panama’s status as a logistics and trans-shipment point for goods traversing the canal. The government is also looking to establish the country as a major aviation hub, again drawing on its advantageous geographical position in the heart of the Americas. On top...
The Isthmus of Panama has been used to transport goods from the Atlantic to the Pacific and vice versa for centuries. In modern times its role in facilitating international trade has been taken to new heights thanks to one of mankind’s greatest engineering feats: the Panama Canal. The canal handles around 3% of global maritime trade, including...
Since the country took over administration of the Panama Canal in 1999, the canal has been an important source of revenue for the government, as Panama’s more business-like model has ensured a steadier stream of profits and revenues over the years. As a result, the government has increased tolls on several occasions and has worked to improve...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×