Planning
Charting the Course for 2030
Port Panama City acts as both an operating port and a landlord port, overseen by the Panama City Port Authority, an entity under the governance of the City of Panama City. The Port Authority is comprised of five members appointed by the Panama City Commissioners, each serving a four-year term. The responsibilities of the Port Authority include the appointment of an Executive Director, Attorney, Secretary, as well as other required personnel.
Building upon the continuous expansion and recent achievements in cargo tonnage, The Port remains dedicated to:
- Promoting economic opportunities including current and future trade opportunities
- Prioritizing infrastructure investments
- Maintaining community stability
- Enhancing industrial development
Robust Economic Impacts
Growth in cargo and revenue translates into robust economic impacts for both Port Panama City and the region. This includes:
- 10,790 total jobs for Bay County, Northwest Florida and the Southeastern U.S.
- $618.8 million in personal income and local consumption
- $1.6 billion in total economic value.
Manufacturing & Growth
Since the last update to the Master Plan, the Port has witnessed dynamic changes in global maritime trade. These changes have been influenced by various factors such as expansion, improved accessibility, the use of larger vessels, shifts in trade patterns, emerging markets, trade agreements, eco-friendly initiatives, and the rise of e-commerce. The Port’s goal is to expand economic opportunities by offering modern facilities, promoting trade, and supporting industrial development.
Planned Investments & Improvements
To realize its mission and fulfill its goals and objectives during the next five years, the Port has elected to pursue capital improvement projects in four basic areas: