Demand from China and other Asian markets for energy products that terminal expansions will accommodate is expected to double
Hutchison Ports, a unit of CK Hutchison, has managed terminals in Balboa and Colon – on opposite ends of the trade channel – since the 1990s.
Panama’s “Vision 2025–2035” strategy sets out four priorities: a new reservoir on the Indio River, a 76km (47-mile) pipeline for liquefied petroleum gas, new container terminals and the expansion of logistics corridors.
Canal administrator Ricardo Vazquez Morales said the projects aim to keep the route competitive and aligned with global trade shifts.
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