Colon Free Zone

Free Zone gets very good results in its first transparency evaluation

May 20th, 2013
by Rainier.
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The Administration of the Colon Free Zone (ZOLICOL) achieved first position in the first assessment of 2013 by Transparency in Public Administration.

Transparency in Public Administration assessed the websites of public institutions for transparency and substance, a development considered beneficial to the ZOLICOL.

Calls were made to remain engaged in this initiative to promote and maintain the principle of public implementation of the Act, as each assessment reflecting positive results would continue to get 100% [...]

Initiative needed to resurrect Colon

Apr 1st, 2013
by Rainier.
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This week The Bulletin is presenting a photo coverage and report on the disastrous condition of the City of Colon.

This is not a political statement, but an attempt to contribute to the quest for a solution to the deplorable conditions of Panama’s second largest city.

For many years Colon has been an entry point for cruise ship passengers and foreign visitors to the Colon Free Zone who return to their own countries with poor [...]

Colon is poor sister in Panama boom time

Apr 1st, 2013
by Rainier.
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Colon is the capital of the northern province of Panama and is the most populated urban center in the country after Panama City.

It has the second largest free zone in the world after Hong Kong; it is a homeport for two important cruise ship lines and it is responsible for 15% of the country’s GDP, approximately $4 billion a year. However, the people of Colon do not appear to be obtaining benefits from this [...]

New York Times focuses on the plight of Colon

Apr 1st, 2013
by Rainier.
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The New York Times recently ran an article on the decline of the city of Colon located at the Atlantic mouth of the Panama Canal.

The article stated that work is underway on a multibillion-dollar expansion of the Panama Canal, just outside Colon.

Then there is also the Colon Free Zone and the Colon 2000 duty-free zone and cruise ship port that allows visitors to shop without entering the city’s squalor.

On the economy, it [...]

New CFZ Administration Building ready in 2014

Mar 25th, 2013
by Rainier.
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Construction of the new Colon Free Zone (CFZ) Administration building is scheduled to be finished in March 2014 at a cost of $8 million. The new structure will replace the building currently in use that is 64 years old.

The company in charge of the work is Zarza Real S.A., and the new premises will be located in the corridor area of the free zone.

“The building will have three floors with a space of [...]

Progress in the construction of the corridor to the Free Zone

Mar 14th, 2013
by The Bulletin - El Boletin.
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An advance of 30% has been made in the construction of the Corridor from the 4 Altos to Calle 16 in Colon, a project being carried out by the Administration of the Colon Free Zone. Mr. Leopoldo Benedetti, Manager of the Free Zone, reported that an investment of $127 million is being made in the Colon Corridor project, which has been created to achieve an urban plan and road improvement of the city of Colon. [...]

Colon Free Zone received more than 143,000 visitors last year

Feb 10th, 2013
by The Bulletin - El Boletin.
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The Colon Free Zone, through its Public Relations Department reported that 143.910 tourists visited this zone in 2012. Colombia leads the statistics with 36,237 visitors, and then comes Venezuela with 27,627, followed by Costa Rica with 12,923, Nicaragua, 7,611 and Honduras, 4,011. The list includes Haiti with 2,316, the United States, 2,910, Spain with 2,551 and the Dominican Republic, 2,311. Ending these statistics are Mexico, Guatemala and El Salvador with 2,000 visitors. Engineer Leopoldo Benedetti, [...]

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