OPEN TO THE WORLD

Panama has a proven history as an attractive destination for foreign investment for multiple reasons. Its central location as a hub operation, its friendly environment for investment serving both international and domestic companies and its secure and stable government and institutions.

HEART OF THE AMERICAS

With exceptional air and maritime connectivity in the region, Panama has a great advantage thanks to its geographic position. Importantly, Panama City’s Tocumen International Airport is considered the hub of the Americas. Panama also boasts five other airports, five major seaports – including the busiest container port in Latin America, as well as a railway that functions as a dry canal, connecting the Atlantic to the Pacific.

Panama has increasingly become not just a place where business passes through, but also a place where business gets done.

Panama’s geographic location and favorable climate conditions allow local airports to operate 24 hours a day, 365 days a year with fast connections and no need to clear immigration and customs.

THE PANAMA CANAL

The Canal is a vital component of international trade, enabling the passage of roughly $270 billion worth of cargo per year between the Atlantic and Pacific in a fraction of the time it would otherwise take to circumvent the continent. By offering a shorter journey for ships, the Panama Canal reduced CO2 emissions by more than 13 million tons in 2020 alone when compared to alternative routes. Through its Green Route Strategy, the waterway also provides incentives to customers for their environmental stewardship. The Panama Canal is also now charging a freshwater fee so the price of its limited resources can be factored into global supply chains.

TECH AND DIGITAL

Panama has become a destination of choice for global telecommunication companies and data centers. Several companies, including Google, are developing important technological projects that will improve Panama’s communications network and cement the country’s position as a “digital hub”. Recently, Google received authorization to build a submarine cable through Panama capable of transmitting massive quantities of data.

In addition, the Institute of Scientific Research and High Technology Services of Panama (INDICASAT) was created in 2002 by the National Secretariat of Science, Technology and Innovation (SENACYT) to promote the development of science in Panama, serving as a point of reference and technology transfer to other countries, especially those in the region. It has since allowed Panama to rank as one of the top countries in Latin America for scientific productivity and international recognition.

Collaboration and Trade Agreements

Panama has 19 trade agreements, which is the highest number among countries in Central America. Combined, these trade agreements give Panama access to 1.3 billion consumers across 59 different countries.

VISIT PANAMA

We invite you to visit Panama to experience for yourself why it is an attractive destination for business and tourism, and to discover its natural life wonders and much more.

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