Situated on Perico Island of the Amador Causeway, the terminal is in the final stage of construction. It has a primary purpose to become a major cruise port in the region. The port will be able to receive ~5,000 passengers and 2 cruise ships simultaneously.
The cruise lines are currently in talks with Panamanian authorities in order to establish a port in Panama. The cruise terminal, which consists of a dock with space to receive a pair of large ships and the main building protected by a triangular deck measuring 16,000 m2 (170,220 ft2), is in the final stage of construction and will be the first in the Pacific. The project covers an area of 8.5 hectares, with a budget of US$165 million.
Last week 22+ cruise lines representatives, together with AMP (Panama Maritime Authority) officials, visited the Panama Cruise Terminal, to see the work's progress, which is 83%.
According to the administrator of the AMP, Noriel Arauz, they were in preliminary meetings with some lines interested in using thе terminal as of November, so they would continue to support economic reactivation.
The COVID crisis delayed all the work for nearly a year and stopped the concession of the cruise terminal that the Maritime Authority was negotiating with companies. The project is due to be completed in early 2022 and has a plan for how to adapt to the changes.