Competitiveness

shipping lanes

ports in

countries

CONNECTIVITY

Panama is the best connected country in America

Grow your business with Panama’s global connectivity. Due to its unique position in world trade, Panama is a bridge for new business opportunities that benefit from valuable logistics assets by air, sea and land.

Ports on both oceans

Panama is the only country in the world with a terminal with access to 2 oceans; the Atlantic and the Pacific. Its annual cargo load of more than 7 million containers a year defines them as the most active ports in Latin America.

The Hub of the Americas

With more than 132,000 direct flights annually to 90 destinations in 35 countries, Tocumen International Airport is the best connected in Latin America, establishing direct connections to all the major cities and capitals on the continent, reaching Europe and beyond.

Inter-oceanic Railroad

Connects the ports on the Atlantic and the Pacific in a distance of only 80km, streamlining the transportation of cargo.

Telecommunications 4.5Mb/s*

The highest internet download speed in Central America and virtually unlimited band-width.

*Source: Band-width status in Latin America and the Caribbean (ECLAC).

Due to its privileged location, it is the fastest and most economic option between the Americas, Asia and Europe giving your company easy access to markets of 1.3 billion consumers.

Almost 8% of the world’s total commerce passes through the Panama Canal and most destinations in America can be reached in 7 days.

The expansion of the canal allows for more than twice the cargo to go through, opening new opportunities for you to reach the main markets in America and the world.

Leadership in Direct Foreign Investment (DFI)

Panama receives 45% of the FDI received by Central America.

*Source: Best Countries Rankings, 2017.

Panama receives a large part of the FDI that comes to Latin America. The dynamic economic growth and excellent perspectives create an advantageous environment to invest in Panama.

The country receives more than 45% of the FDI in Central America and has the largest number of Regional Trade Agreements in the area.

Why international companies invest in Panama?

Domestic market with excellent growth potential

Business climate

Favorable regulations

Solid financial sector

Service oriented economy

Closeness and connectivity with markets and consumers

Infrastructure and logistics

Skilled labor force

Safety

ECONOMIC STRENGTH

a great reason to invest in Panama

Imagine your business’ success potential in one of the most dynamic environments and of greatest economic growth in Latin America, with special incentives for foreign investment, such as the legislation for multinational companies headquarters (MHQ).

In addition, Panama has inflation of only 0.7% *, one of the lowest in the world, an investment grade with a stable outlook and its economy is oriented towards the services sector.

*Registered in 2016

Economic growth

Between 2008 and 2016, Panama’s average annual growth rate was more than triple that of Latin America and the Caribbean (2.1%)

  • Growth in 2017: 5.8%.
  • Growth in 2022: 6.0%.
  • Average annual growth rate: 6.0%.
*Source: International Monetary Fund.

Economy with greatest growth in Latin America*.

*Source: Cepal, 2016.

Country with the fastest economic growth in the world*

*Source: World Economic Forum Global Competitiveness Index 2016-2017.

FINANCIAL STRENGTH

Panama offers a regional banking hub

For more than 40 years, Panama has been recognized worldwide for its sound banking center with more than 88 local and international banks, facilitating all business operations and extending their reach to all continents.

The banking center offers you a wide range of leading-edge technology products and services to promote your business.

Panama is #1 in the American continent* for adapting its financial services to business needs.

*Source: Global Competitiveness Index Report - World Economic Forum, 2017.

Panama’s Financial Center stands out among the most competitive in the world

in the world for its market development

Financial services meet market needs

Availability of financial services

Easy access to credit

Banks’ solvency

Availability of risk capital

INFRASTRUCTURE

Build your business on a solid platform

Panama has one of the most developed infrastructures in Latin America, giving you a wide range of options and facilities to connect with other countries of the region and the world, send and receive merchandise, travel and communicate quickly.

Panama City is the best connected in Latin America.

Source: OAG Aviation World Wide Limited, 2017.

in Latin America for the quality of its road infrastructure.

Source: Global Competitiveness Index, 2017.

in the world for the quality of its port infrastructure.

Source: Global Competitiveness Index, 2017.

in the world for the quality of its airport infrastructure.

Source: Global Competitiveness Index, 2017.

in the world for their mobile telephone services.

Source: Global Competitiveness Index, 2017.

Download: The Great Connection

Special Investment Regimes

SUCCESS CASES

“The key factors that influence our investment in Panama include its economic stability, its strategic geographic location and its excellent connectivity with other Latin American countries. Additionally, the incorporation of Adidas in the Law of Multinational Companies Headquarters (SEM) in 2010, has enabled the regional offices of Adidas Latin America to continue improving the business and strengthening its organizational structure, hiring the most talented executives in Panama and the world”

Marco Antonio Tejeira, General Manager for Central America and the Caribbean
Adidas

Last Tweets

ADDRESS

Ricardo J. Alfaro Ave. Plaza Edison, 3rd floor
+507 560-0687
proinvexpanama@mici.gob.pa

Follow us

LOCATION