Wednesday, February 21, 2024

Logo Central America Link

Panama's traffic congestion costs $1 million a day

Tuesday, November 6, 2012

Panama’s daily traffic jams are costing local businesses about $1 million a day, according to a survey by the Chamber of Commerce, Industries and Agriculture.

The costs include the purchase of extra trucks and motorcycles to speed deliveries, overtime pay for workers, increased fuel costs and the use of corridors.

The additional costs will in many cases be passed on to the community already emptying wallets to cover increased fuel consumption generated by traffic jams.

Source: Newsroom Panama