China Opens its Market to Panamanian Free Trade ZonesA market of one billion consumers has been opened up to products that are manufactured, processed, assembled or finished in Panamanian Free Trade Zones, without requirements for having value added locally.Monday, April 21, 2014
Companies under the free zone regime in Panama are offering local and foreign companies the ability to export to China under the special conditions that govern them, with the aim of achieving the high production volumes required. Source: Capital.com.pa Guatemala: Controls on Free Zone CompaniesApril 2017 The new law requires companies operating under the regime to report to the ministries of Labor and Economy data on wages paid and investments made. Panama Needs More Free ZonesNovember 2014 For companies in the sector, the country has the right conditions to become a hub of global added value chains, but more zones need to be built. More Free Zones Planned in PanamaAugust 2013 There are currently 15 active zones plus five being installed, adding up to $50 million in investment. New Free Zone in PanamaAugust 2012 The Panamanian government has authorizing the establishment of Zona Franca Parque Industrial y Corporativo Sur, S.A. (Parque Sur), east of Panama City, with an investment of $8.2 million.
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