THE PMA PARTICIPATES IN THE 2ND LATAM AND CARIBBEAN PORTS AND LOGISTICS SUMMIT.

“The great challenge of Panama and the role of the port sector in the competitiveness” – topic developed by Mrs. Guimara Tuñón, Deputy Director of Ancillary Maritime Industries opened the first day of sessions of the 2ND LATAM AND CARIBBEAN PORTS AND LOGISTICS SUMMIT. Mrs. Tuñón, who spoke on behalf of Mr. Jorge Barakat Pitty, Administrator of the Panama Maritime Authority (PMA), addressed the participants of the summit who were gathered during a couple of days, in Panama City.

Mrs. Tuñón’s lecture – that was developed within the framework “Government Prospects and Panorama in the Region” – stressed the commitment to the future of our country, in the port sector. Equally, her lecture explained the current level of development and competitiveness in which our nation is involved, according to the World Economic Forum.

Other guidelines that Mrs. Tuñón developed during her intervention replied to questions about the how and where, the domestic industry is impacted by the maritime sector; furthermore, Mrs. Tuñón explained some of the future strategies of the PMA. In this regard, Tuñón also added that there are four main areas that mark the development of this institution.

First of all, the promotion of a project in Puerto Armuelles, that seeks the implementation of a business model, which is being elaborated, where the Atlantic Ocean with the Pacific Ocean communicate with each other; the hallmark of this project must be its sustainability and the positive impact on the region and on the whole industry sector.  Secondly, the implementation of a multipurpose port terminal in the port of Vacamonte, which will carry out other activities than just fishing, but that are in line with it. 

The third main area of development planned by the Panama Maritime Authority is the development of two quaysides for the ancillary maritime industries, one in Panama (Province) and another one in Colon (Province). These two quaysides will provide the appropriate conditions and will meet the requirements for each ancillary service. This area aims to provide added value to the operations conducted by this entity.
Finally, the completion of a project of internal cabotage between minor ports, where diverse facilities will be developed that benefit the ports, the transportation of goods and the tourism industry.

Mrs. Tuñón remarked that “the PMA does not want to take for granted a single solution. On the contrary, it plans to carry out all projects based on well-founded studies that grant them sustainability and on a proper planning that makes more competitive the Panamanian market.”

The 2ND LATAM AND CARIBBEAN PORTS AND LOGISTICS SUMMIT focuses on the analysis of ongoing projects, and the analysis of those that are being planned; it also analyzes the new public policies and strategies of logistics competitiveness in the port industry. The participants of the summit will discuss the future of the ports in Latin America and the Caribbean from a private and governmental standpoint; they will also address other issues such as: the analysis of the port industry in Latin America and the Caribbean, financing and insurance, port productivity and efficiency, the analysis of the port oversizing in the region and the need for specialized power terminals.