Categories: Economy

Hutchison Ports PPC and its contribution to the economy

Panama It is a unique country in many respects. Its strategic geographical position in the center America makes it an important cargo handling solution, attracting major shipping companies in the world, as it has the most modern infrastructure and port conglomerate in the region.

Over the past few years, the country has implemented a number of policies and programs aimed at protecting the environment and promoting sustainable development. These initiatives include the creation of national parks, the promotion of eco-tourism and the adoption of sustainable practices in the business sector.

In terms of sustainability, Hutchison Ports PPC has implemented various initiatives to reduce its impact on the environment, such as responsible waste management, reduction of greenhouse gas (GHG) emissions, efficient use of resources such as water and energy, and protection of local biodiversity. In addition, adopt measures to care for and improve the health and safety of its associates, their families, allies, contractors and the communities in which they live and operate.

Another characteristic that makes Panama unique is that it is part of the main maritime routes and because of this it has managed to position itself as a leading country in terms of logistics services, as well as in the wide range of economic activities that take place in our country, offering ports strategically located at both ends of the Panama canal, which allows it to be a transcendental point for international trade.

Among the main port facilities in Panama are Port Balboa and Port Cristóbal operated by PPCeach with a modern and efficient infrastructure, designed to meet the needs of the most demanding clients, connecting both oceans and serving ships from Asia, Europe and the east and west coasts of the American continent.

These world-class facilities are linked by rail and serve as a one-stop shop for transhipment and logistics services in Latin America and the Caribbean for inbound and outbound trade. It enables establishing a connection between ships in less than 4 hours.

Location of the port Balboa in Panamamakes it the main transshipment terminal in Latin America with 25 gantry cranes and an annual capacity of 5 million TEU, cooperating with different shipping lines to develop activities and transshipment of goods in the region, and is managed by Hutchison Ports PPC, a subsidiary of the multinational CK Hutchison Holdings Limitedthe world’s leading port investor, developer and operator with a network of port operations in 54 ports in 25 countries in Asia, Middle East, Africa, Europe, America and Australasia.

On the Atlantic side, the port Cristobal which it manages PPP It has 13 gantry cranes for handling Panamax and Post-Panamax vessels, offering an annual capacity of 2 million TEU and 3 docks for handling container cargo operations, 32 hectares of yard and warehouse and more than 1500 electrical connections for cold storage.

A strategic alliance that contributes to economic growth

Hutchison Ports, is one of the most important port operators in the world and its presence in Panama dates back more than 25 years, since then a strategic alliance has been developed between Panama and Hutchison Ports PPCwhich has created a number of unique opportunities for the country, making it an important center of trade and logistics in Latin America.

Presence Hutchison Ports PPC, It has also created a large number of direct and indirect jobs, which have contributed positively to the areas in which they operate, opening the door to the development of new industries and, in turn, the modernization of the country’s infrastructure through foreign direct investment. , which enabled the most recognized and important shipping companies in the world to use our country for efficient, profitable and safe transportation of their products.

In general, this union is more than 25 years old Panama and Hutchison Port PPC positioned our country as a leader in cargo transshipment in the region, making it logistics center world class that offers many opportunities not only for Panama but also for the whole world.

Source: Panama America

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Jason

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