Antea Group to develop Panama Canal commercial development plan

The Panama Canal Authority (ACP) has commissioned Netherlands-based Antea Group, in partnership with Stig and CroonenBuro5, to produce a plan for the commercial development of an area of 1,200 hectares located in the West Bank at the Pacific side of the Panama Canal. When the Panama Canal Expansion is completed next year, the logistics cluster in Panama is expected to handle additional trans-shipment volumes, as well as new commodities like the liquefied natural gas (LNG). In order to capitalise on thes
August 19, 2015 Read time: 2 mins
The 4745 Panama Canal Authority (ACP) has commissioned Netherlands-based Antea Group, in partnership with Stig and CroonenBuro5, to produce a plan for the commercial development of an area of 1,200 hectares located in the West Bank at the Pacific side of the Panama Canal.

When the Panama Canal Expansion is completed next year, the logistics cluster in Panama is expected to handle additional trans-shipment volumes, as well as new commodities like the liquefied natural gas (LNG). In order to capitalise on these opportunities, the ACP is interested in developing a plan that identify potential projects/activities that maximise value for Canal’s core business and contribute to the sustainable economic development for the Republic of Panama’s logistics cluster.

This plan is expected to determine optimal commercial uses for the area, which maximises its land value and provides a road map to develop it into a world-class economic area that exploits the comparative advantages of its strategic location at the Canal’s entrance.

The complete plan is scheduled to be delivered in March 2016.

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