The new business entity seeks to convene 100 companies in two years, and foster business development, trade and investment between Panama and the European country.
The Franco - Panamanian Chamber of Commerce (CCFP) is a non profit organization that seeks to bring together the business sector of both countries to promote business development, trade and investment.
Lack of security and high energy and logistical costs have caused the closure of 150 industrial companies in the past 5 years.
127 maquila operations have closed since 2005, firing 60.000 people. Pharmaceutics company Sanofi-Aventis sold its assets in Setember 2007, Avon did the same by the end of 2008, and more recently Kellog's announced its decision of closing its industrial operations in the country.
French investment in Panama has reached $600 million and is projected to reach $1 billion in 2010.
An article by AFP in mipunto.com reported that the French ambassador to Panama, Pierre Henri Guignard, said: "Panama is a key player in the globalization of Latin America and our companies understand this."
Live at the beach in the exclusive Punta Leona Resort, a dream with shaded white sand beach, pools, restaurants, wild life. New affordable, energy efficient home. The house - possibly the only energy efficient green...
PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
Operates in Nicaragua
Phone: (505) 2270 6400
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786
We service our customers by helping them in all aspects of the process of establishing businesses in CA also we provide them with business opportunities in the Financial, Comercial and Real estate sectors.
Operates in Costa Rica
Phone: (506) 2272 9650 - (506) 8845 5439
Panamá Pacífico with thousands of interested visitors to its stand in Expocomer 2010, not only offered the Key Note speech of thursday, but launched the residential phase of this great development on the banks of the Panama Canal