New properties put to tender again in Colon Free Zone in Panama
With the failure of the first bidding carried out last December, the Colon Free Zone is preparing for a second tender.
Tuesday, January 6, 2009
According to reports from laestrella.com.pa, "The Colon Free Zone fail in its first attempt to award bids for 50% of the lots from the former Multimodal, Industrial and Services Center (CEMIS).
Employers indicate that there are no incentives for maintaining business operations, which between 2012 and 2014 fell by 20%.
A $75 million project known as Leona includes a trade center, storage facility and 9 buildings each with 15 or 16 commercial premises.
Trade activity in Panama's Colon Free Zone in the first 9 months of this year was 9.5% higher than the same period of 2008.
Commercial activity in Panama's free zones was 42% higher in the first 7 months of this year than in the same period in 2010.
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