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Panama Canal aims to add value to cargo

Friday, November 16, 2018

The Panama Canal Authority is once more turning its attention to building up port capacity as well as building new zones for increased logistics activity.

Canal Authority administrator Jorge Quijano says that, while vessel transits were its primary business barometer, ports activity had become increasinlgy important to the country as a whole.

“The question for Panama," he said, "is whether we can add value to cargo to create exports – we are not like Colombia, with a population of 40 million and its large industrial base."