Shenzhen and Panama ink sister port pact

The agreement is aimed at strengthening sustainable maritime development and increase competitiveness in the logistics sector, port management and knowledge sharing.

The signing of the agreement took place virtually on Friday, 27 September between representatives of the authorities of both countries, in which they sealed a commitment that will allow Panama to learn from the best practices of Shenzhen, one of the most advanced and technologically innovative cities in China.

China is the second largest user of the Panama Canal after the United States.

This alliance, according to the Deputy Administrator in Charge of the AMP, Alexander De Gracia, “will enhance critical aspects such as the planning, construction and management of port facilities, along with advances in environmental protection and information technology.’’

Knowledge sharing will include planning and construction of port facilities, operation and management of port facilities, port environmental protection and information technology, port education/training, port security, aids to navigation, hydrographic and cartographic services.

^{Photo credit: AMP}

This collaboration will not only facilitate the transfer of knowledge in port management but will also provide access to technological innovations that can optimise maritime sector operations in Panama, explained Max Florez, the AMP’s director of ports and auxiliary services.

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For Panama, this agreement represents a unique opportunity to position itself as a world-class logistics hub. Shenzhen, renowned for its thriving technological and economic development, has been home to major corporations and a key player in the expansion of Chinese exports and investment.

The agreement, signed in Chinese, Spanish and English, will take effect immediately, cementing a relationship that seeks to capitalise on the growth of global trade and commerce between the two economies. Panama, as a strategic logistics hub in Latin America, will benefit greatly from this collaboration, enhancing its infrastructure and competitiveness in an increasingly globalised market.

“Panama and China will continue to strengthen ties to boost the maritime development of both regions,” said De Gracia.

Panama and China opened diplomatic relations seven years ago.