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Panama: the Service economy

Alessandro PasutPANAMA

The Service economy.

One of Panama’s assets is its geographical position, where world trade routes converge. This has nurtured the Colon Free Zone, unchallenged hemisphere champion, and has made Panama prime head office or regional H.Q. choice for multinationals covering Latin America and the Caribbean. Panama’s international ship registry, with the largest fleet in the world, also adds boom and brass to Panama’s commercial orchestra.

This diverse activity has spawned a lucrative infrastructure supporting business and service organizations. Insurance, re-insurance, legal, accounting, trust services, business and tax consultancy all add to the harmony of Panama’s bustling business community.

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