Although negotiations are yet at an early stage, the company would create a circuit through the Panamanian Caribbean, which would include 4 days and 3 nights in the Bocatorean Province. It was reported that the Tourism Authority of Panama (ATP, Spanish Acronym) would be supporting the construction of the cruise ship port with a contribution of $2.5 million.
If the initiative is carried out, 1,500 passengers would be arriving to Isla Colón every seven days. In addition to the contribution to the construction of the port, the ATP would designate funds for infrastructure improvements in the area. Initially, the entity, along with the Maritime Authority of Panama, had projected the construction of a cruise ship terminal for next year, with an investment of $400,000. However, the project would be expanded with the proposal of the Greek firm.
Bocatorian businessmen involved in the tourism industry expect the proposal to be completed, unlike many others that were never carried out and ended up affecting Colón’s economic. 227, 000 cruise ship passengers entered to Panama during the first nine months of the year. 200 cruise ships will cross through the Panama Canal during the 2011-2012 season.