This post is also available in: Spanish
Panama is the Commercial Gate to the Americas. Panama’s geographical position, the expanded Canal and its excellent airline connections are attracting more investors to the isthmus who see the country as the gateway of the Americas. The free zones and special economic areas offering tax benefits to companies have convinced many giants such as 3M, Procter and Gamble and Huawei to move their Central American offices here.
Countries such as Czechoslovakia are opening honorary consulates with the idea of using Panama as a foothold from which to export their products to Central and South America. Many are choosing the Colón Free Zone, while other enterprises of a more scientific nature are finding a place in the City of Knowledge.
Fairs such as Expocomer give the opportunity to foreign investors to make contact with their Panamanian counterparts to do business and create partnerships that in the long run will benefit not only the country, but also the region.
PROINVEX, attached to the Ministry of Commerce and Industries (MICI), is a government initiative which seeks to attract investors. It manages a One-Stop-Shop Integrated Information System that allows investors to easily identify all the instruments that the National Government has available for Direct Foreign Investment.
Panama is ready to create new commercial links with willing partners who want to invest in the country and the region.