While ports from Miami to New York are preparing for the expansion of the Panama Canal, businesses in Panama are also hard at work to insure that Panama itself reaps maximum benefits from the $5.25 billion project.
Among the Panamanian ventures hoping for a boost is the Panama Pacifico Special Economic Area, a mixed-use project on the site of the former Howard Air Force Base on the western bank of the canal. Developers hope to leverage the canal expansion and create a logistics and back-office and services center for the Americas at Panama Pacifico.
http://www.miamiherald.com/news/business/biz-monday/article52673475.html
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