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To contribute to the health of Panamanians, the concessionaire company of the ports of Balboa and Cristóbal, Panama Ports Company (PPC) became a sponsor in its Diamond category of the Telethon 20-30 with its flagship project, the drive-through Vaccination Center, located in the parking lots of the Rommel Fernández Stadium, a project that is generating hope that the country will reach normalcy as soon as possible..

In a ceremony attended by Giacomo Tamburelli, President of the Active 20-30 Club, Jared Zerbe, CEO of PPC and Alejandro Kouruklis, Director of Government Affairs of PPC, the port company reinforced its commitment to firmly support the country when it needs it the most.

Tamburellli, thanked the contribution of $ 100,000 in its Diamond category given by PPC, and highlighted that the concessionaire of the ports of Balboa and Cristóbal “has joined this project, which is an effort by all to save lives and get back to normal as soon as possible. “. The 20-30 Vaccination Center serves some 2,000 people daily and hopes to expand to the interior of the country.. 

To attend, those interested must first request their appointment to have better control and avoid crowds. When you have your scheduled appointment, you can enter your car to the parking lots and follow all instructions dictated by the Ministry of Health (MINSA), and then proceed with the health personnel to get vaccinated, without having to get out of your car. With this contribution, Panama Ports reinforces its commitment to faithfully support Panama, guaranteeing the Panamanians protection against the virus.

Kouruklis said, that PPC is honored to be able to contribute to a flagship project such as the 20-30 Vaccination Center because “it brings health and hope to the Panamanian people.” “It is a project that saves lives and puts us to work together to bring the country back,” he added.

Olmedo Rodríguez, President of The Telethon 20-30 said: “I think it has been something together in which we agree that this brings hope for the people and obviously gives greater peace of mind for the population, I believe that in that positive sense, when we get together as a country, we do great things. We thank them and we thank all those who believe in The Telethon 20-30.

VACUNATÓN 20-30

The most important asset of a company is its people and at PPC we know how to recognize the effort of the more than 1,500 men and women who work in our terminals.

Every month of December, Christmas comes early to Panama Ports with the traditional hand out of turkeys, hams and bread thread as part of the years-end activities that the company carries out with its collaborators.

The handout was made under strict biosecurity and distancing measures for the personnel of the ports of Balboa and Cristóbal. Additionally, the company took the opportunity to distribute supermarket certificates to all its staff and in turn wish them the best wishes for them and their families for this 2021.

La apreciación de los empleados es crucial y significativa para construir una relación que va más allá de puesto de trabajo. Para Panama Ports Company, el liderazgo y la responsabilidad van de la mano tanto dentro como fuera de la empresa.

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The year 2020 for Panama Ports Company was a year full of solidarity, their commitment and responsibility were reaffirmed with all the collaborators of the ports and with the entire country..

For Panama Ports Company, leadership and responsibility go hand in hand both inside and outside the company, carrying out important donations such as: delivery of hospital beds, ventilators, hospital beds to be use for intensive care patients, as well as biosecurity equipment. Likewise, PPC supported empowerment and leadership projects related to gender equality, as well as the preparation and donation of bags of food to help communities and people economically affected by Covid-19, as well as fumigations against mosquitoes, cleaning and garbage collection in communities and areas surrounding both ports.

Responsible leadership is the approach that PPC gives to its social responsibility initiatives, helping to improve the quality of life of the communities in which they operate

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Panama, January 7, 2020.- Hutchison Ports PPC, a company responsible for managing the ports of Balboa and Cristóbal, will make a payment to the Panamanian State for dividends corresponding to the year 2019.

Jared Zerbe, Executive President of Hutchison Ports PPC, explained that this dividend payment is a reflection of the opportunity that the earnings from reinvestment process has given, in recent years, to pay dividends to its shareholders as a result of a strategic approach and agreement with the State.

In 2015, after significant investments, the optimal conditions of performance were met, which led to the Board of Directors deciding to declare and pay dividends to its shareholders in the amount of USD 10 million, of which USD 1 million was allocated to the State for its 10% shareholding. Under similar conditions, at a meeting of the Board of Directors held in November 2017, it was decided to declare and pay additional dividends in the amount of USD 20 million, of which USD 2 million corresponded to the State. In 2018, a new payment of USD 20 million was made by consensus of the Board of Directors, of which USD 2 million also corresponded to the Panamanian State. Based on the 2019 scenario, dividends of USD 30 million will be paid, of which USD 3 million correspond to the Panamanian State.

According to Panamanian laws, the Panamanian State, which in addition to being the owner of the concession is a shareholder of 10% of the company, receives a fixed fee or payment from each port under concession for each container that is mobilized in those ports.

 “Even with the unfavorable trend of the regional port system, we have continued to contribute large sums of money to the State, being the main contributor for the rate of movement of cargo in national ports, and this has been possible given the financial policy adopted as part of the most convenient business strategy ”, concluded Jared Zerbe Executive President of Hutchison Ports PPC.

Hutchison Ports PPC has made investments for more than USD 1.5 billion to improve the port of Balboa, which today is listed as a mega port, as well as in the port of Cristóbal to expand it, key decisions in the growth of the terminals, and necessary to meet the demands of world maritime trade.

After more than two decades administering the port of Balboa and Cristóbal, Hutchison Ports PPC has contributed more than USD 415 million to the Panamanian State as a fee for each container that is mobilized in those ports. Hutchison Ports PPC contributes monthly more than USD 2.6 million in salaries and USD 1.3 million in social security in favor of around 1,500 employees. It also generates around 25,000 indirect jobs, among hundreds of small, medium and large companies, which serve as suppliers of products and services for both ports.

Hutchison Ports PPC has kept its position in the Panamanian port industry with strategy and tenacity, reaffirming its commitment to increasingly emphasize the strength of the Panama port industry in the eyes of the world and open to cooperate in any requested explanation, providing necessary information comfortably with established procedures.

With a representation of more than 70 volunteers, Hutchison Ports PPC went to the Community of Valle la Unión located in the Province of Colon to contribute to the goal of 1 million hectares reforesting more than 200 seedlings in the company of companies, schools and institutions managing to reforest 1.82 hectares between fruit and timber species.

This Great National Day of Reforestation becomes a bridge of connection to strengthen a commitment of country, and the commitment of Hutchison Ports PPC with the Environment.

We inaugurated the PPC University.

A new and avant-garde learning platform that provides a wide range of academic and development, to all areas and organizational levels in PPC.

The University has 4 academies: Leadership Academy, Technical Academy, Development Academy and Culture Academy.

Our mission is “Increase the capabilities of the PPC family, through impressive learning days to develop committed and successful teams”.