THE PANAMA MARITIME AUTHORITY DESIGNATED AN AREA FOR THE DEVELOPMENT OF THE ANCILLARY MARITIME INDUSTRIES.

Faithful to its role as a promoter of the development of the ancillary maritime industries, the Panama Maritime Authority began the process of planning, designing and later, the construction of a quay for the provision of services to the ancillary maritime industries, in the Pacific sector of the country.

The administrator of the Panama Maritime Authority, Mr. Jorge Barakat Pitty, together with some members of the staff of the institution and some executives from the Panama Maritime Chamber visited the area located under the Bridge of the Americas. Deliberately, the concessionaire that occupied this area chose to return the rights relating to concession contracts to the Panama Maritime Authority.

Mr. Barakat said, “The quay for the ancillary maritime industries responds to a need of boosting the services that the ancillary maritime industries provide to the vessels sailing in the Panamanian waters. We are pleased to announce that the Panama Maritime Authority will carry out this project for the benefit of the maritime cluster”

Regarding the possibility of granting a direct concession in this area, Mr. Barakat said, “the Panama Maritime Authority will develop this quay through the modality of a private-public partnership.” Further, he announced, “We will start discussions with the Panama Maritime Chamber in order to assess the participation of the private sector in this project”. Finally, he pointed, “The granting of the concession will follow mechanisms that ensure transparency and the participation of the whole maritime cluster.”