Panama Pacifico is an innovative mixed-use Special Economic Zone. The Zone's offerings of a strategic location, special incentives, customized services, and a unique operating and labor environment attract a variety of companies engaged in logistics, maritime and air services, high-tech manufacturing, and other activities including call centers, shared service centers and back office operations.
Panama Pacifico is widely recognized as one of the best industrial, commercial and residential zones in the region. The area is distinguished by focusing in sustainability, and opportunities for corporate growth and comfortable living for the people who live and work there. More than 280 companies operate in the midst of a 3,459-acre ecosystem. The zone is a strategic center for conducting business, thanks to its proximity to an interconnected transportation network comprised of the Panama Canal, important ports, a major airport hub, the Pan-American highway, and the Trans-Isthmus Railway.
The master plan and the area's public-private partnership model ensure that companies in the area have support from the government (the Panama Pacifico Agency), and London Regional & Panama, which acts as the sole master developer under a 40-year contract. Large multinational corporations already operate in Panama Pacifico including Dell, 3M, Lacoste, FedEx, Grainger, PepsiCo, BASF, Damco, PriceSmart, Liebherr, and Kuehne + Nagel.
"After analyzing many potential distribution centers, we ended up deciding that the Panama Pacifico benefits were the best for us," said Luis Carlos Gutierrez, Country Manager for Grupo TLA Logistics, one...