Panama: Colon Container Terminal Project Reaches Milestone

On June 26, the signing ceremony for the first stage project of Panama Colon Container Terminal Phase III Project was held in Colon, Panama.

The representative of the client, Taiwan Changrong Colon Container Terminal Company, and the representative of Jamaica Regional Management Center of CHEC attended the signing ceremony.

After the signing ceremony, both parties made a friendly and deep communication, expressing their wish of promoting cooperation with mutual trust and seeking development with mutual benefit. The representative of CHEC expressed that CHEC would live up to the entrustment of the client, give play to the resource integration advantage and fulfill the contract with a high quality and efficiency.

The contract amount of this project is over USD 60 million; the contractual construction period is 23 months. This project will promote the market development of CHEC in Central America and even Latin America.

Press Release, July 9, 2013

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