The area in the Pacific entrance to the Canal could be leased by the State for the construction and operation of logistics infrastructure such as warehouses, cold storage facilities, ship repairs and a port for vehicles.

The 1,200 hectares owned by the State and "discovered" after cleaning and dredging of the areas surrounding the Canal expansion are part of a development plan that the Ministry of Affairs of the Canal is preparing to start when the new locks come into operation. The initial proposal is to lease the land to private companies so that they can develop the area, providing logistics services, transportation and communications to related industries.

"... The uses of these lands can be varied, according to Minister for Canal Affairs, Roberto Roy: for example warehouses, storage of refrigerated goods, and even a port for cars. 'As they are Panama Canal lands they can not be sold, but they can be leased to companies so they can develop those areas. This process has to be approved by the board of the waterway.'" reports that "...ACP projections indicated that the 50 hectares recently discovered could be used for a parking port for ships that carry cars, and 900 hectares for a logistics park in western Panama. The proposals could be framed in a project so that the ACP can diversify its business from industries around the Canal. "


The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.