In these zones, activities related to manufacturing, processing of finished and semi-finished products, assembly, logistics services, and real estate rental will be developed. These sectors are considered key to strengthening the country's logistics and production hub. Free Trade Zone Regime: National and International Investment. The new investments come from companies with capital from: Panama, Netherlands, United States, Venezuela, Spain, Chile. The diverse origins of these companies reflect the confidence of international and local capital in the Panamanian free zone regime, which offers logistical, tax, and commercial advantages for regional operations. The Engine of Employment and Economic Development: Free Trade Zones. Vice Minister Astrid Ábrego emphasized that the country maintains its objective of attracting more international companies and expanding the operations of those already established, highlighting the role of the Ministry of Commerce and Industries (MICI) as a facilitator for the establishment and expansion of investments. The free trade zone regime has become a key instrument for diversifying the Panamanian economy, boosting employment, and strengthening strategic sectors such as logistics, manufacturing, and services. The Free Zones represent an investment of $16.1 million and the generation of more than 400 jobs in Panama.
Free Trade Zones to Generate Over 400 Jobs and Attract $16.1 Million
Panama's National Free Zones Commission approved seven new companies and expansions, representing $16.1 million in investment and over 400 jobs. This will boost key sectors like logistics and manufacturing.