By Marijulia Pujol Lloyd
The National Assembly approved in third debate Bill No 222, that modifies articles of Law 29 of 1992 that adopts a Special Free Port System for Colón City. The new legislation will create a shopping area in the 16 streets of the city that will attract tourism, increase commercial activity and, at the same time, benefit the people of Colón province that have been neglected for many years.
Colón province has […]
Panama’s Colon Free Zone — the biggest in Latin America — is in crisis.
In large part, it is because of economic woes sapping major export customers in Venezuela and Colombia, said Commerce Minister Augusto Arosemena.
“The patient (the Colón Free Trade Zone) is in a coma because re-exports have gone down and some companies have closed,” he told reporters.
“Colombia and Venezuela were the main markets for the free trade zone, and a big […]
The Danish distribution group, Bestseller, has given its fashion logistics operations needs to Logisfashion for its activities in Latin America, where it began activities a few months ago.
Through Logisfashion facilities in Panama, the operator will manage the logistics of Bestseller. Logisfashion will be responsible for both receiving goods from Bestseller at its storage facilities in the Colon Free Zone and, once allocated to final market sales, adapt them to the Customs requirements (labeling required) […]
Colón City is soon to regain its title as the “gold coast” that for years was a thriving metropolis attracting businessmen and tourists alike who marveled at the beauty of its old quarter and the Afro Caribbean heritage. This was brought to Colon by the Antillean workers on the original Panama Canal construction, many of whom settled in the former Canal Zone.
That was in the past, and today it is a tired place fighting […]
From November 4 to 6 in Managua, Nicaragua, users of free zones, industrial parks and representatives of Customs, exporters and freight forwarders of the region will meet.
The Association of Free Zones announced the XIX Conference of Free Zones of the Americas in Managua, Nicaragua.
The event is organized by the National Commission of Free Zones of Nicaragua and Pro Nicaragua at the Hilton Hotel.
The conference topics include free zone growth factor for companies, […]