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In 1917, three years after the opening of the Panama Canal, the possibility of building a free zone in the area in Colón was discussed. The Colon Chamber of Commerce raised the project of a free zone in 1929, and the project was taken into account in 1948, following the Second World War.
It was first granted the concession over the two Panama Canal ports in 1997 when Panama and the US jointly administered the canal. That concession was renewed in 2021 for another 25 years.
Manzanillo International Terminal (abbreviation: MIT, UN/LOCODE: PAMIT) is located east of the Atlantic opening of the Panama Canal on Manzanillo Bay, Colón Province, Panama. MIT is a distribution center for cargo destined for cities within Panama and nearby countries in Central America and the Caribbean.
Since 2000 the canal has been operated by the Panama Canal Authority, whose administrator, deputy administrator and 11-member board are selected by Panama’s government but operate independently.
The Panama Canal (Spanish: Canal de Panamá) is an artificial 82-kilometer (51-mile) waterway in Panama that connects the Caribbean Sea with the Pacific Ocean. It cuts across the narrowest point of the Isthmus of Panama , and is a conduit for maritime trade between the Atlantic and Pacific Oceans.
The Panama Canal is an 82-km (51-mile) artificial waterway that connects the Pacific and Atlantic Oceans through Panama, saving ships thousands of miles and weeks of travel around the stormy, icy ...
Panamanian President José Raúl Mulino on Thursday rejected U.S. claims that American warships and boats can transit the Panama Canal without paying a standard fee. In a weekly news conference ...
HSBC Bank (Panama) Financials Banks Panama City: 1972 Part of HSBC (UK) P A Mossack Fonseca: Industrials Business support services Panama City: 1977 Law firm P A National Bank of Panama: Financials Banks Panama City: 1904 [2] State bank S A NordVPN: Technology Internet/Online Panama City: 2012 VPN P A Panavia: Industrials Delivery services ...
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