GE Moves Regional Office to Panama

General Electric will move its regional headquarters for Central America and the Caribbean from Costa Rica to Panama.

Monday, August 3, 2009

Ricaurte Vásquez, GE's regional director, informed they are evaluating where to install the new Panama offices.

"Clayton, Howard and other areas of the capital city are among the options we are considering. Additionally, we are studying if we fall under Law 41, which creates regional headquarters", said Vásquez in a Prensa.com article.

More on this topic

General Electric Opens New Site in Panama

December 2012

With an investment of close to a million dollars the multinational will attend to operations in Central America and the Caribbean from its new offices in Panama.

Located in Punta Pacifica the new site also has a training and education center, GE Healthcare, for the use of its health related product.

GE to Increase Investment in Panama

June 2011

Invoking Law 41 regarding multinational headquarters, General Electric (GE), is looking at setting up a regional office in the country.

If the project is put into action, the multinational would attend to all its operations in the Caribbean from Panama, devoting more than a million dollars to expanding infrastructure and increasing the return of workers.

$5 Million for Panamanian Health Ministry Offices

August 2010

A 4 hectare site in Coclé province will be used to construct the ministry's regional headquarters.

The project includes accommodation for doctors, a conference center and an area for specialist medical attention.

The announcement was made by the Health Minister, Franklin Vergara, during a visit to the central southern region of Panama.

HSBC sees Guatemala, Mexico growth

April 2008

HSBC aims to add Guatemala to its Central America-wide operations from 2009 and sees strong long-term growth in Mexico, the bank's regional president said on Thursday.

Paul Thurston told the Reuters Latin America Investment Summit that HSBC has applied for a banking license in Guatemala and hopes to start operations there next year.

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