Regional Logistics: Key for Competitiveness

The homogenization of logistics processes in the isthmus under "a regional vision" would improve competitiveness and increase trade volumes.

Thursday, February 16, 2012

Central America could improve its competitiveness and increase trade volumes with the unification of criteria for logistics processes under "a regional vision," said an expert from the International Finance Corporation (IFC).

Central America has to "make an effort" to improve its foreign trade logistics processes, "but with a regional vision (...), this is critical," said Peruvian Alvaro Quijandria, regional manager of IFC Investment Climate Latin America and the Caribbean, World Bank (WB), to Efe according to review.

"It is imperative" that logistics are unified "for greater international competitiveness," said Quijandria. The expert gave the example that if Central America managed to reduce transport times for cargo by 10%, the volume of trade would increase by 3.5%.

Quijandria said that if there were "an integrated vision for the entire chain involved in the operation of foreign trade," there would also be a decrease in costs.

More on this topic

Logistics Congress in Honduras

April 2015

From 18 to May 20 Latin American companies in logistics sector will be meeting in Honduras to discuss issues on regional trade and business opportunities in the supply chain.

The 32nd edition of Alacat will be held on the premises of the Chamber of Commerce and Industry of Cortés (CCIC) and its main objective is to present "...

Panama: A Logistics Plan for Chiriqui

October 2015

In January 2016 the results of a study will determine whether it is feasible to build multimodal ports in Bocas del Toro and Chiriqui and develop a logistic plan for the region.

The Maritime Authority of Panama explained that the feasibility study is being developed by Nathan Associates, which will have to deliver the results in January 2016.

Guatemala-Honduras Customs Union

February 2015

Both governments announced that they have signed an agreement to unify customs in order to expedite the transport of vehicles and people, with effect from 1 June.

With this agreement, it is expected that the border between the two nations will be fully liberated for both freight and passengers in December. Immigration procedures will be carried out online or in an office to be located near the border area.

Results of the 2015 CADE

April 2015

Industry representatives stressed the need to "adopt technologies and invest in training in order to turn Panama into an efficient and world class logistics platform ."

During the 49th edition of the Annual Conference of Executives (CADE) 2015 the participants emphasized the need to strengthen the National Customs Authority with trained and well-paid human resources, in order to reduce the time spent on customs clearance because of lack of automation of information and personnel that manage it.

 close (x)

Receive more news about International Commerce

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Traders Network Corporation

Organization that operates in El Salvador.
Phone: (503) 2274-0078 - (503) 2130-4342

Company Profile

Stock Indexes

(Sep 23)
Dow Jones
S&P 500


(Sep 23)
Brent Crude Oil
Coffee "C"