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.

For more information on companies in this article

Related Content

  • Do satellites provide a heavenly view of tolling’s future?
    December 16, 2014
    Satellite-based tolling opens up new options for authorities and can be integrated with DSRC systems as David Crawford discovers. As the proud custodian of the European Union (EU)’s longest road network covered by a single (truck) charging scheme – and the only one to include all major roads - Slovakia has become the continent’s poster-nation for the virtues of GNSS/CN (Global Navigation Satellite System/Cellular Network)-based tolling. It is also proved to be a very fast implementer. Speaking at the 2014 I
    Read More
  • IRD's on-the-go tyre check adjusts for inflation
    November 16, 2021
    As many as 84 million vehicles worldwide may have tyres which are improperly inflated or in poor condition, which has a significant effect on road safety - and also on the environment
    Read More
  • Russia looks to ITS to curb congestion and reduce accidents
    May 7, 2015
    Major ITS installations are planned as the Russian capital Moscow grapples with extensive traffic problems. At the end of 2014, Russia’s first complex intelligent transport system (ITS) started easing traffic problems in and around the capital Moscow, following the implementation of the plans by the federal government and the city’s authorities.
    Read More
  • How digital navigation is key to managing congestion
    March 24, 2023
    Satnav – not costly civil engineering projects – might point us towards better management of congested road networks, argues David Metz of University College London
    Read More

Highlighted Content