DRIVEN BY PURPOSE

Panama is known for being one of the world’s most attractive destinations thanks to its privileged geographical position, natural resources, capable and welcoming workforce, as well as its solid and reliable infrastructure. The country has witnessed outstanding growth over the past five years, and has been attracting investment, businesses, and tourism in an unparalleled manner. Panama is supportive of gender equality, supports civil liberties and is fully committed to ensuring inclusion, diversity, and multiculturalism in its society.

OUR PEOPLE AND TALENT

In recent years, the Panamanian government has managed to achieve one of the highest GDP growth rates in Latin America and is expected to keep growing at an unprecedented pace.

With the support of local business communities, the country has emphasized openness and talent investment, which has led the country to blossom. The recent success was possible thanks to the culture and values shared among the people living in Panama. Family is perceived as the most important social unit shaping business and other activities around the principle of solidarity.

This is reflected in the strong expertise that the labor force has gathered in the service industry, which is the underlying basis of the country’s economy.

Panamanians are also known for being reliable and friendly when it comes to developing and maintaining professional relationships. Their welcoming attitude and open-mindedness promote entrepreneurship and incite an increasing number of new talented individuals to join the community, all together boosting the country’s prosperity and quality of life.

DIVERSITY AND INCLUSION

Panama values diversity and multiculturalism, which are considered drivers towards the country’s success. Panama’s population is diverse, and Panama is keen on developing and implementing public policies aimed at strengthening equality and non-discrimination. Panama has recently adopted its third report to the UN Human Rights Council providing a periodic review of civil liberties and societal progress. The country aims to implement new governance systems that will increase the accountability of public and private institutions in lines with international human rights standards

CLOSING THE GENDER GAP

Panama is deeply committed to achieving a more equal society with a particular focus on gender equality. The country has undertaken numerous initiatives to empower women and managed to increase women’s labor participation rate to 55% of the workforce, nearly 10% higher than the global rate.

Panama’s National Institute for Vocational Training and Training for Human Development (INADEH), with the support of the International Labor Organization (ILO), has developed a roadmap to promote women’s participation in non-traditional careers and courses. On top of that, the government signed in 2019 the ILO Convention No. 100, making equal remuneration mandatory by law between man and women for work of equal value.

SUPPORTING OUR PEOPLE THROUGH COVID-19

Panama has been highly involved in the fight against the COVID-19 pandemic, both on a national and international level. Panama’s “Hub Humanitario”, the region’s only humanitarian hub, distributed 579 tons of supplies to combat COVID-19 valued at $10.4 million dollars to 39 countries in the Americas this past year. Panama also played a decisive role in the shipment of the vaccine, notably thanks to the Panama Pacifico (PP) Special Economic Zone, a facilitator of distribution in Latin America and the Caribbean. The Panamanian Caribbean ports, Manzanillo International Terminal (MIT) and Colon Container Terminal (CCT), also joined the collaborative effort to optimize supply routes for the distribution of the COVID-19 vaccine to Latin America, by signing memoranda of understanding with the Panama Canal.

Learn More