|Client||Panama Canal Authority (ACP)|
|Challenge||Commercial development of 1200 hectares on the West Bank of the Panama Canal|
|Contribution||Development master plan|
|Category||Development Strategy, Economic Zones, Management Services, Master planning, Multimodal|
In close cooperation with Antea Group and CroonenBuro5, StigΔ succesfully won a public tender by the Panama Canal Authority (ACP) to develop an area of 1200 hectares on the West Bank at the Pacific side of the Panama Canal into a logistics park. With the completion of the Panama Canal Expansion, the logistics cluster in Panama is expected to handle additional transshipment volumes, as well as new commodities like liquefied natural gas (LNG). In order to capitalize on these opportunities, the ACP wanted a plan that identified potential projects and/or activities that contribute to the sustainable economic development for Panama’s logistics cluster. The logistics park is part of the expansion of the Canal, which has been in development since 2007 and was completed in 2016. The expansion ensures the throughput of 1,7 billion cubic meters for cargo from the Atlantic Ocean to the Pacific Ocean, and vice versa. The container throughput has also increased: the new Panamax ships can carry up to 13,000 containers as opposed to 5,000 containers.