According to reports, just six days before the establishment of diplomatic relations, on the morning of June 7, local time, the groundbreaking ceremony of PCCP project in Cologne, Panama was held in Margaret Island, Cologne, Panama. This project will be the largest investment project of mainland enterprises in China, and will play an important role in promoting local economic and social development and further deepening economic and trade relations between the two countries.

Panamanian President Varela, Representative of China Panama Trade Development Office Wang Weihua, Deputy Representative Wang Jian, Chairman Ye Cheng of Shandong Lanqiao Group, Chairman Gao Tianguo of Shanghai Guozhijie Investment Development Co., Ltd., President Kang Xuezeng of China Communications Dredging Group Co., Ltd., Director barakat of Panama Maritime Bureau, Acting Minister of Environment Simon Palisse, Minister of Public Security Betancourt, Vice Minister of Industry and Commerce grimaldo, Cologne Governor Campos, Cologne Mayor Policani and other senior Pakistani government officials, business people, representatives of Chinese-funded enterprises and overseas Chinese in Pakistan.

President Varela, who attended the ceremony, fully affirmed and spoke highly of the container port project in Cologne, Panama, and the Pakistani enterprises involved in the investment and construction. He pointed out that the commencement of construction of the project marked a new stage in the economic and trade relations between China and China.