Hutchison PPC (Panama Ports Company, S.A.) is the only port operator in Panama in which the State is a shareholder. Over the last three years, the company has paid $59 million to the Panamanian State, including advance dividends, totaling $658 million since the beginning of the concession.
In 2021, Hutchison Ports PPC paid $165 million in dividends and extraordinary contributions, of which $35 million was advanced at the request of the Panamanian State to address a financial crisis. The company has also disbursed $38 million in fees for container movements in the last three years, regularly paid to the Panamanian State according to the Contract-Law.
Highlighting its commitment to Panama, Hutchison Ports PPC has invested $1.695 billion in infrastructure and equipment, making the Balboa and Cristobal port terminals the most competitive and innovative in the region. This has helped attract new shipping lines and greater volumes of cargo to the country, generating thousands of direct and indirect jobs, and increasing contributions to the national economy.
The company also emphasizes that its workforce is composed of 99.9% Panamanian staff, demonstrating its commitment to local development and job creation. The investment and commitment of Hutchison Ports PPC have been fundamental in strengthening the port sector in Panama and significantly contributing to the country's economic growth.
