Panama: Operations in the Colon Free Zone (ZLC) grew 12.1%

Import and re-export activity in the Zone reached $13.92 million.

Friday, October 10, 2008

Imports totaled $6.44 billion, an increase of 15.9%, while re-exports totaled $6.65 million for an increase of 8.5% in the same period, according to information provided by the manager of that entity, Nilda Quijano, during presentation of the budget in the Budget Commission of the Assembly.

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Free Zone in Colon Grows 40%

December 2011

Business in the Colon Free Zone in Panama was 40% higher in the first 11 months of the year compared to the same period of 2010.

A "record number" of $ 30,000 million is projected for the end of the year, according to the manager of the Colon Free Zone, Leopoldo Benedtti.

New Duty Free Zones to Open in Guatemala

July 2011

Six new free trade zones will operate in Guatemala, making the total 24 nationwide.

The new zones are located in Guatemala, Villa Nueva, Zacapa, Quetzaltenango, Puerto Quetzal and Tecun Uman, according to Economy Minister Luis Velasquez.

An article in, reports, "He said that in these areas commercial activities in manufacturing, industry and services will be developed.

Nicaragua: $1,750 million Predicted in Exports from Free Zones

July 2011

Exports from companies in the free zone in Nicaragua grew by 44% in the first four months of the year.

The Technical Secretary of the National Commission of Free Zones, Alvaro Baltodano announced projected exports of $1,750 million by the end of this year, of which the textile sector would provide $1,350 million.

Panama: Colon Free Zone activity grows

December 2008

Commercial movement grew 50% in November.

Movement of goods in the Colon Free Zone have continue to be strong. Evidence of this is that from January to November, accumulated commercial activity in the zone was at a total of $18 billion dollars, or a growth of 18.7$ compared to the same period last year.

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