Panama is investing heavily to make the Panama Canal a logistics and energy hub. Dutch entrepreneurs can benefit from this.
Panama Canal: Strategic Hub
Panama remains an important player in global trade, thanks to the Panama Canal and its extensive logistics network.
The country aims to strengthen its position as a logistics hub and energy center. Therefore, the government and private parties are investing billions in infrastructure and new projects. The focus is on expanding container and port capacity, improving intermodal freight transport by rail, and building gas pipelines.
Additionally, the Rio Indio Reservoir Project will create a large water reservoir that widens the Panama Canal and drains excess water. It will also improve the water supply for 4 million Panamanians.
Opportunities for Dutch Entrepreneurs
The strategic location of Panama plays a key role in global goods transportation. The Panama Canal handles 2.5% of global shipping. Due to recent drought, there has been less passage through the canal. However, investments in other transport means and ports show that Panama is resilient.
For Dutch companies with experience in energy, logistics, water management, and infrastructure, there are opportunities. With the right knowledge and partnerships, companies can contribute to and benefit from Panamas growing role in global trade.
Assistance from the Embassy
Do you want to know more about specific projects of the Panama Canal? Or are you looking for Panamanian business partners? Then contact the Dutch embassy in Panama City. They will be happy to assist you: pan-ea@minbuza.nl.
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- Ministry of Foreign Affairs