Free Zone in Panama potentialities

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Potentials of the FTZs in the technology sector, “was the keynote of the Deputy Minister of Foreign Trade, Nestor Gonzalez, during a meeting organized by the Panamanian Chamber of Information Technology, Innovation and Technology (CAPATEC).

According to Deputy Minister González, Law 32 of April 5, 2011 on Free Zones, the legal framework is that many investors are welcoming to settle in Panama, like the Law on Multinational Corporations.

He explained that under Law 32 is in total more than 138empresas established in 18 zones (10 active and eight under construction) in Panama, with an estimated investment of $ 283.4 million. “I think the ICIM policy, led by the Minister Meliton Arrocha is correct, especially in the apropiadopara create the environment that investors continue to see Panama as the site apropiadopara put their capital,” said Deputy Minister González. “We will continue to publicize the logistics platform that has Panama and benefits offered by the Law on Free Zones 32 new companies to be established; To this end, we participate in international events and deepen our advocacy, so that each area can be a development center at any point in the country where it is installed, “he said.

Importantly CAPATEC brings together more than one hundred companies specialized in technologies, with the objective to generate added value to its members and promote the sector to position it as a world-class leader; thus contributing to the socioeconomic development of the country. Finally, the Deputy Minister of Foreign Trade, motivated CAPATEC members to support the Government’s initiative in the development of Free Zones and installation of specialized technology companies. “Potentials of Free Zones in the technology sector,” was the keynote address by Deputy Minister of Foreign Trade, Nestor Gonzalez, during a meeting organized by the Panamanian Chamber of Information Technology, Innovation and Technology (CAPATEC).

According to Deputy Minister González, Law 32 of April 5, 2011 on Free Zones, the legal framework is that many investors are welcoming to settle in Panama, like the Law on Multinational Corporations. He explained that under Law 32 is in total more than 138empresas established in 18 zones (10 active and eight under construction) in Panama, with an estimated B / 283.4 million investment. “I think the ICIM policy, led by the Minister Meliton Arrocha is correct, especially in the apropiadopara create the environment that investors continue to see Panama as the site apropiadopara put their capital,” said Deputy Minister González. “We will continue to publicize the logistics platform that has Panama and benefits offered by the Law on Free Zones 32 new companies to be established; To this end, we participate in international events and deepen our advocacy, so that each area can be a development center at any point in the country where it is installed, “he said. Importantly CAPATEC brings together more than one hundred companies specialized in technologies, with the objective to generate added value to its members and promote the sector to position it as a world-class leader; thus contributing to the socioeconomic development of the country.

Finally, the Deputy Minister of Foreign Trade, motivated CAPATEC members to support the Government’s initiative in the development of Free Zones and installation of specialized technology companies.

Fuente: http://www.panamaon.com/

Ernesto Chong de León, Ernesto Emilio Chong Coronado