Panama Freight Transport and Shipping Report - Business Monitor International - Industry Reports

Panama Freight Transport and Shipping Report

Panama Freight Transport and Shipping Report - Business Monitor International - Industry Reports
Panama Freight Transport and Shipping Report
Published Sep 03, 2016
44 pages — Published Sep 03, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

< ALACRA META ABSTRACT>BMI View: Although the completion of the Panama Canal expansion in ---- will result in a slowdown in both economic growth and the transport of related capital goods, we retain a positive view on Panamanian trade. Despite the Canal s completion there is still a large project pipeline, the completion of the enlargement of the canal s locks will help Panama maintain its position as a major global transport hub over the long term, and a strong outlook for the Panamanian consumer will help ensure domestic demand for containerised consumer goods. ...< ALACRA META ABSTRACT>BMI View: Although the completion of the Panama Canal expansion in ---- will result in a slowdown in both economic growth and the transport of related capital goods, we retain a positive view on Panamanian trade. Despite the Canal s completion there is still a large project pipeline, the completion of the enlargement of the canal s locks will help Panama maintain its position as a major global transport hub over the long term, and a strong outlook for the Panamanian consumer will help ensure domestic demand for containerised consumer goods. Although growth in road haulage volumes will slow in ----, it will nevertheless remain robust both in the short term and over the course of our medium-term forecast period to ----. ...The completion of the Panama Canal s expansion in June ---- underpins our forecast for robust growth in the Panamanian shipping sector in both the near term, and over the course of our medium-term forecast period to ----. Increased transhipment volumes as the canal enjoys greater traffic will be the primary driver of this, but healthy macroeconomic growth, with private consumption in particular set to do well, will support increased volumes too.

...Panama s headline real GDP growth will place it among the best performing economies in Latin America in the coming years. That said, growth will remain below the double-digit highs seen in the earlier part of this decade following the completion of the massive Panama Canal expansion project in June. ...Panama maintains the largest infrastructure project pipeline in Central America, with over USD--.-bn worth of projects either under construction or in development. High-value transportation projects, such as two new metro lines in Panama City worth a combined USD-.-bn, along with new port infrastructure and power sector projects such as the USD-.-bn Costa Norte II power plant, comprise the bulk of the projects in the pipeline (see Central America: Large Pipeline Will Fuel Panama Outperformance , December -- ----). We forecast real GDP growth of -.- in ---- and -.- in ----, down slightly from the -.- growth rate averaged over the past five years. ...High-value transportation projects, such as two new metro lines in Panama City worth a combined USD-.-bn, along with new port infrastructure and power sector projects such as the USD-.-bn Costa Norte II power plant, comprise the bulk of the projects in the pipeline (see Central America: Large Pipeline Will Fuel Panama Outperformance , December -- ----).

...� Business Monitor International Ltd Page - will be the largest driver of real growth in the coming quarters, supporting an uptick in headline growth. They will benefit the freight transport sector in two ways - by entailing the transport of bulky project cargos, and through improving transport infrastructure once completed. ...

  
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Document ID
2397-4036
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Panama Freight Transport and Shipping Report" Sep 03, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Panama-Freight-Transport-and-Shipping-Report-2026-1904>
  
APA:
Business Monitor International - Industry Reports. (2016). Panama Freight Transport and Shipping Report Sep 03, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Panama-Freight-Transport-and-Shipping-Report-2026-1904>
  
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