Colon Free Zone

Chinese companies eye Colon Free Zone

Businessmen from various commercial sectors of the People’s Republic of China, distributors of hardware and technology, visited the City of Colón interested in knowing the operation of the Colon Free Zone, with a view to establishing companies.

The Chinese entrepreneurs were welcomed by the Manager of Zolicol, Manuel Grimaldo, The group is in Panama to participate with a pavilion in Expo F; an international trade fair for hardware, tools, fasteners and metalworking, with significance for […]

Manuel Grimaldo appointed new manager of the CFZ

Edificio de la Administración de la Zona Libre de Colón.

President Juan Carlos Varela on Monday appointed Manuel Grimaldo as the new General Manager of the Colon Free Zone (ZLC) to replace Surse Pierpoint, who resigned and will work on the development of the logistics component and the multimodal zone of the International Airport of Tocumen.

Among the main axes in which the current Deputy Minister of Internal Commerce and Industries, Manuel Grimaldo, will work will be the modernization of the ZLC Administration, as well […]

A new business model for CFZ

Ensamblaje de drums.

MantenEquipos Suppliers & Logistics, was born due to the Latin American market’s need to receive expeditious attention to its needs and the Mcneilus policy of approaching its customers throughout America, creating a new metal-mechanical brand and capitalizing in part of the specialized workforce left behind by the Panama Canal expansion and then took the opportunity to take advantage of its experience, generating good income, in a new industry in the Colon Free Zone (ZLC).

The […]

APAC at Expocarga Mexico 2016

El stand de Panamá en la feria.

The Panamanian Association of Cargo Agents (APAC) participated in Expocarga Mexico 2016 in the pavilion “PANAMA MORE THAN A CANAL”, together with the support of the Colon Free Zone. It was an excellent start to celebrate the opening of the expanded Canal.

The “Cargo Week Americas-Expo 2016” event was held on June 28 at Centro Banamex in Mexico City, where the APAC was involved.

The Cargo Mexico Expo is held every year to raise awareness […]

Colon Free Zone continues in the red

Zona Libre de Colón sigue en crisis

Commercial movement in the Colon Free Zone (CFZ) fell 29.2 percent in January and February compared to the same period of 2015, according to figures from the Comptroller’s Office.

While re-exports stood at $1,287 million and imports at $1,244 million, they are below last year’s figures for the first two months, which were $1,809 million and $1,769 million, respectively.

The downward trend, according to the manager of the ZLC, Surse Pierpoint, continued in March, “but […]

Reduction in high costs of logistics services urged

Urge reducir altos costos de los servicios logísticos

The costs of logistics services are unquestionably linked to the viability of a country like Panama to become an international logistics platform.

This is one of the major objectives of the National Maritime Strategy. According to World Bank studies, in Central America logistics costs represent, on average, 40% of the final price of consumer products, while in the member countries of the Organization for Economic Cooperation and Development (OECD) that cost is only 8%.

While […]

CFZ participates in environmental fair

CFZ participates in environmental fair

In commemoration of the “Month of Natural Resources,” the Colón Free Zone participated in an environmental fair, organized by the Ministry of the Environment on the grounds of Parque Sucre,

A wide range of activities and competitions took place in order to teach children and adults to enjoy and respect nature, including cultural events, folklore presentations, story-telling, drawing competitions, a seed planting activity and educational workshops. Metal, plastic and paper recyclable materials were also […]