Transcript Presentación de PowerPoint

LOGISTIC SECTOR:
THE PANAMA CASE
Augusto R. Arosemena
Viceminister of the Presidency
Republic of Panama
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Economic Reality of Panama
GDP Per Capita at Current Prices
(US $ )
10,021
Panama Growth v . Latin America Growth
11,809
11,075
2008 - 9.1%
8,935
2009 - 3.9%
7,869
2013 - 8.5%
2014 – 6.2%
2015 – 6.0%
2010
2011
2012
2013
Latin America
2014
2008 - 2.8%
6,929
7,548
8,181
8,719
2009-(0.6%)
2013 - 2.8%
2014 - 1.2%
PIB Per capita
(in thousands
US$)
2015 - 1.3%
2015: Forecast
2010
2011
2012
2013
Strength:
Open and dollarized
economy
Strong investment in
infrastructure
Source : IMF e INEC, Contraloría General de Panamá.
Robust financial sector
Geographic position
2
Panama´s key growth drivers &
Opportunities
Measured by their impact on increment of GDP and Job Creation
Logistics
Science &
Technology
Financial
services
Education
Tourism
Agriculture
Science
and
Technology
3
FIVE YEAR GOVERMENT
INVESTMENT PLAN
Over 80% of public investments are aimed at improving the Quality of Life of the Panamanian
population, emphasizing in the social and infrastructure sectors.
(in millions)
$10,790
56%
Social
Expansion and improvement
of water and sewage
$6,371
34%
56%
Infrastructure
Metro Line 1 extension
Metro Line 2
Housing Pan “Techos de Esperanza”
Colon Urban Renovation
Mass transportation system
for Panama West side
Panamá Bilingual
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FIVE YEAR GOVERMENT
INVESTMENT PLAN
A significant allocation of resources to areas that complement the institutional strength of the
country, the economic and environmental development is contemplated.
(in millions)
$1,209
$216
56%
6%
Economic
1%
56%
Environment
The Cold Chain
National Land Use Plan
Irrigation system
Planning of Canal Watershed and Tocumen Area
200km land production
Tourism development in protected areas
Fourth transmission line
Improve the environmental performance Index
Electrical interconnection with Colombia
CHAN 2
5
FIVE YEAR GOVERMENT
INVESTMENT PLAN
For the next five years the Government has allocated 19.5 billion for investment
projects
SECTOR ($ million)
SOCIAL AREA
Health
Potable Water
Sanitation and Sewerage
Housing
Education & Culture
Vulnerable Groups Relocation
Urban Cleanliness
Labor and Social Protection
ECONOMIC AREA
Agricultural
Industry and Trade
Tourism
INFRASTRUCTURE AREA
Roads and civil engineering
Mass Transport
Maritime Transport
Air Transport
Electricity
ENVIRONMENT AREA
2015
2016
2017
2018
2019
TOTAL
2,066
455
353
297
247
499
180
21
13
288
212
34
43
1,236
763
449
11
7
8
17
1,991
361
355
308
217
486
215
17
31
225
166
21
38
1,465
771
652
24
4
14
45
2,124
247
452
318
332
463
265
14
32
244
164
21
59
1,259
440
776
23
4
16
45
2,171
249
459
300
333
487
298
12
33
223
163
21
39
1,196
486
667
23
4
16
54
2,366
323
534
311
327
529
298
10
33
228
164
20
44
1,216
500
668
28
4
16
55
10,719
1,635
2,151
1,535
1,456
2,466
1,257
74
143
1,209
869
117
222
6,371
2,959
3,210
109
24
68
216
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The Panama Case
The Canal is a key point for the economic activities
dependent on maritime traffic.
Panama's
economy is
based primarily
on services
delivery
Source :ABCO Global
It also has many positive externalities, and its the sum of
these that make up the Panamanian logistics cluster.
Other sectors that benefit from an efficient logistics are
the Colon Free Zone, the ports, the Tocumen
International Airport, tourism and the agroindustry.
The booming financial and insurance sector, as well as
legal services and dollarization , complement the physical
platform of the cluster, providing competitiveness and
potential to Panama
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Panama’s Logistics Cluster
Support Infrastructure
Manzanillo International
Terminal (MIT)
Colon Container
Terminal
Panama Ports
Company
Cristobal
Transisthmian
Highway
CARIBBEAN SEA
Tocumen
International Airport
Transisthmian
Railway
Corozal Container
Terminal - Proposed
9
In Millions of TEU
8
Container Movements at
Panamanian Ports
2000 – 2014 (p)
6.63 6.86 6.56 6.76
7
5.59
6
4.65
5
4.07
4
3
2
1
0
Panama Ports Company
Balboa
1.66
1.35 1.58
1.98
2.41
2.77 3.03
4.24
PSA
The Panama Canal
PACIFIC OCEAN
PANAMA: 50 MILES OCEAN TO OCEAN
Logistics Park Development
Manzanillo Logistic Park
Total: 16.9Has
898,787ft2 warehouses
CARIBBEAN SEA
Colon Free Zone
Total: 1,064.58Has
63,507,071ft2
warehouses
ACP Master Plan for Logistics
Park Development
Total: 257.76Has
16,647,469ft2 warehouses
Panama Pacific Special
Economic Zone
Total: 88Has
3,982,647ft2 warehouses
PACIFIC OCEAN
PANAMA: 50 MILES OCEAN TO OCEAN
The Panama Canal
Operational Optimization with Economies of Scale
Relevant Vessel Capacity Increase
Existing Locks
New Locks
294 m
Exporters
Shipping
Lines
Importers
Consumers
366 m
32 m
49 m
Maximum capacity of
transiting vessels 4,400 TEU
Maximum capacity of transiting
vessels up to 14,000 TEU
Higher capacity to strengthen ACP’s market position
Economies of scale - Efficiencies in the supply chain – Connectivity
Increasing Market Participation Persuading New Players to Consider the Panama Canal Route
 The Expansion will

Container Vessels
increase attended
vessels from 294 to 366
mts
Dry Bulk
Liquid Bulk
LNG/LPG
 Transported capacity
increase from 4,400
TEU to 14,000 TEU
 Increase Canal’s cargo

market share to ~50% in
one of the main
seaborne routes(1)

 Just-in-time;
Reservation System





Up to 14,000 TEU
new volumes from:
Latin America
Recover market from:
West Coast United
States
Suez Canal
Up to 170,000 DWT
 Coal from Colombia
 Metalurgical coal from
Vancouver
 Iron Ore from Brazil in
Minicapesize (85,000120,000 DWT)
Source: ACP
(1) ACP preliminary estimation on container cargo market share on the Northeast Asia to U.S. East coast route
Up to 150,000
DWT
 Tankers
 Petroleum Products
LNG Up to 177,000m3
and VLGC
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Metro Line 2 –
From East to West
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Thank you!
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