Jamaica Trails Panama In Logistics Hub Race
Feb 06, 2013
KINGSTON, Jamaica, Gleaner - Jamaica has been touting its plan to develop itself as the world's fourth logistics hub, but Panama is ahead of the game and will likely take that title. Jamaica is banking on Panama's signature project, the canal expansion due for completion in 2015, to realise its own hub dream which will take a decade to realise. Panama began rolling out its hub project in 2007, known as the Panama Pacific Special Economic Area (PPSEA). The tendered project was won by British company London and Regional, which has been developing the hub in Port Arthur since then.
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