Economy Politics Country 2026-03-09T16:27:31+00:00

More than 10,000 Jobs Created as Panama Strengthens its Position as a Regional Hub for Multinationals

Panama's Minister of Commerce and Industries, Julio Moltó, reported that over 10,000 jobs have been created under the Multinational Company Headquarters (SEM) regime. In 2025, 13 new licenses were granted with $37.3 million in investments. A new strategy for the export of modern services and the SEM Academy program for national talent development were also introduced.


More than 10,000 Jobs Created as Panama Strengthens its Position as a Regional Hub for Multinationals

Panama's Minister of Commerce and Industries, Julio Moltó, highlighted the positive impact of the Multinational Company Headquarters (SEM) regime on the country's economy, emphasizing job creation, knowledge transfer, and the strengthening of the global services ecosystem. During a discussion with more than 60 representatives of multinational companies and members of the Chamber of Headquarters of Multinational Companies (CASEM), Moltó reported that companies established under the SEM regime have generated more than 10,000 jobs, of which almost half are occupied by Panamanians.

The minister announced that in 2025 the SEM regime granted 13 new licenses, with projected investments of $37.3 million, demonstrating the international sector’s confidence in Panama. Moltó invited more companies to join this initiative to boost the country’s competitiveness.

During the meeting, business representatives also learned about the progress of the relaunch of the Made in Panama seal, which currently includes more than 1,000 products and around 80 registered companies, reinforcing the promotion of national products in local and international markets.

Moltó shared a summary of the main results achieved in 2025 and outlined the agenda for 2026, which focuses on: strengthening Panama’s competitiveness, attracting more foreign investment, promoting the development of local talent, and expanding the global services ecosystem.

"Panama seeks to attract more foreign companies, support their growth and consolidation, not only for the economic impact they generate, but also for the valuable transfer of knowledge and experience they bring to the country," the minister said.

The program directly connects multinational corporations with Panamanian human capital, promoting quality employment and specialized technical training. He also announced that the National Strategy for the Export of Modern Services has been finalized, which will be presented soon and will open new opportunities to boost the growth of multinationals and the global services sector.

As part of strengthening the regime, the completion of the first edition of the SEM Academy program was highlighted, an initiative supported by the MICI, focused on the development of national talent.

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