23 Spanish companies visit Panama

Today Panama received a delegation of 23 Spanish businessmen who took part in the Encounter for Promoting Construction and Interior Works, organized by the Spanish Chamber of Commerce in Panama.

Monday, April 21, 2008

The Spanish companies, which offer goods ranging from iron products and construction materials to photovoltaic panels, came to promote Spanish products to Panamanian promotors.
The executive director of the Spanish Chamber in Panama, María Jesús Alonso, said, "Interest in Panama is growing in Spain in both the construction sector and tourism. As well, keep in mind that building activity has fallen sharply in Spain and companies want to open up new markets."

More on this topic

Panama as Investment hub for Spain in Central America

November 2013

Spanish Entrepreneurs see Panama as a business and logistics platform in which to market their products regionally.

More than 20 Spanish companies took part in a food exhibition held in Panama in order to find new markets for their products regionally.

Revistamyt.com reports: "Olive oil, meats, cheeses and olives, were some of the Spanish products showcased during the event ...".

Nicaragua: Businessmen Demand To Remove "Colombia Tax"

July 2013

The so called 'Patriotic Tax' of 35% applied to imports from Colombia is hampering the growth of Colombian investment in the country.

After visiting a trade mission composed of mining companies, sanitaryware companies and craft companies from Colombia, Nicaraguan businessmen said the Government should take into consideration that business opportunities such as these generate more investment in the country, therefore they have requested the elimination or modification of the tax on goods and services, assembly and imported manufactured goods from that South American nation.

Panama-Colombia, Colombia-Panama

December 2009

"Colombia and Panama are two complementary countries sharing similar business vision and historic identity, which creates synergies between our entrepreneurs".

With this statement, Gina Benedetti de Vélez, Colombian ambassador in Panama, summarizes the current economic relationship between both countries.

Investors plan US$1.5 billion 'city on sea' in Panama

May 2008

International investors plan to build a US$1.5 billion "city on the sea" in the Panamanian province of Veracruz.

The project, to be known as Panamarina Pacific, includes 231 buildings and 2,000 moorings. The buildings will be erected on a platform over the sea.
The consortium proposing the project includes includes investors from France, Spain and Argentina and is headed by the Argentine magnate Calos LLamas.

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