Conference Zones in PanamaMonday, October 27, 2014 From 12 to 14 November representatives from free zones in Latin America will be gathering together in Panama City to discuss issues such as changes in legislation and the role of free zones in the logistics chain.
Free zones in El Salvador, Engine of GrowthTuesday, May 31, 2011 Under the free zone system around 240 000 Salvadorans are employed directly and indirectly. Free zones in the country have become one of the main drivers of economic dynamism in the country. Company Profile
San Miguel Industrial Park is the only park that owns a construction and consulting company. We offer the Free Zone location with the perfect building to suit your manufacturing needs. Our flexible layouts allow an easy future growth. Because of this fact we can offer exactly what our clients need at a very competitive price. Clients can own a building or they can enter a lease agreement. Because of this flexibility many world known companies have chosen to work with us. We are licensed to build in Honduras providing the best free zone laws in the industry maximizing profitability. Panama: $100 Million for Barú Free ZoneThursday, January 14, 2010 Representatives from the Barú Free Zone presented the local municipality three projects to develop the area. These include developing a free zone in the city of Port Armuelles, and a sea area to unload cargo vessels. The Costa Rican Ministry of Commerce (Comex) expedites free zone reformsTuesday, October 21, 2008 Comex is negotiating at the political level so that the free zone reform project can be send to the Legislative Assembly in December. The initiative will modify incentives to companies that setup up in Costa Rica under this system, in order to have incentives that are in accordance with the regulations of the World Trade Organization (WTO). Costa Rica Modifies Free Zone RegulationsTuesday, October 27, 2009 Free Zone companies are now allowed to use facilities outside industrial parks for performing similar processes to those done in their central unit. Many free zone companies need to expand their facilities, but there is little space available for doing it inside industrial parks. That is why the regulation was modified, enabling these companies to operate external 'satellite' facilities. Regional Conference ZonesThursday, July 16, 2015 From November 4th to 6th a conference will be held in Managua attended by users of free zones, industrial parks and representatives from customs, exporters and freight forwarders in the region. Association of Free Zones: Agricultural Free Zones ActFriday, November 25, 2011 The government of El Salvador is discussing with the private sector a bill to create specific zones for agricultural activities. Once the Assembly approves the amendments to the free zones law, which will modify the industrial free zone scheme, negotiations will begin for the creation of a specific regime for the agricultural industry. WTO Extends Deadline to El SalvadorThursday, October 28, 2010 The country has until late 2011 to submit a plan to eliminate privileges for companies at Free Trade Zones. Deputy Economy Minister, Mario Roger Hernández, said the deadline for submission was to expire at the end of 2010. 20 new companies in Costa Rica free zones in 2009Tuesday, December 23, 2008 The Foreign Trade Promoter indicated that there are at least 20 companies in process to operate in the country in 2009. The entity reported that in 2008 25 new companies were established in the free zones, at a total investment of $32 million. 17 of these companies were service-oriented, while the rest are dedicated to manufacturing exports products. Nicaragua: 8.25% Increase in Wages in Free ZonesThursday, June 8, 2017 From January 2018 until 2022, there will be an annual increase of 8.25% in the wages of workers in free zone companies. The agreement will be valid for five years and will come into effect from January 1, 2018. Problems Ahead for Costa Rica Free Port LawTuesday, July 7, 2009 Three points exist that could complicate the approval of the Free Port law in the Costa Rican Congress. Politicization of the benefited companies, creation of a fiscal paradise and transferring the favorable impact of investment to less developed areas are points doubted by several congressmen. Costa Rica: Modifications to Free Port Law ProjectThursday, August 13, 2009 Suppliers selling at least 40% of their production to free port companies will enjoy the benefits of the tax regime. Previously, the benefits were granted to suppliers with "a significant portion", without establishing percentages, a far too wide concept. Free Zones: Mechanism for attracting investment and competitionTuesday, August 19, 2008 Free Zones are the main driver in linking global trade and are logistical centers par excellence. They are of great importance in Latin America. During an interview by Inbound Logistics with Mr. Hector Vargas Villalta, President of the Free Zone Committee for the Americas and Director of Meridian 100º, FTZ, he pointed out the thrust that free trade zones give to foreign trade. |
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