Panama as a Global Multimodal Cargo Hub
Panama's advantages in combining sea, air and rail transport will be featured at the XVI International Maritime Conference and Exposition.
Thursday, February 23, 2012
Businessman Eduardo Segura emphasized that Panama’s advantage in business regarding logistics lies in its capabilities as a multimodal center, where railway, ports, air and sea freight used simultaneously are the country’s greatest strength, which must be further advanced.
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Improved logistics in the transport of goods is the goal of a government project that will be supported by the Georgia Tech Supply Chain & Logistics Institute.
The increased activity which comes from being a global logistics hub, expected to increase even more when the expanded canal is operating, requires an all encompassing regulatory framework.
So far 95% of the logistical movement in Panama is by sea, making it necessary to integrate land and aerial means in order to consolidate the country as a global hub.
This center will be inaugurated on August 20th with three business roundtables.
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