Why Panama?

The Republic of Panama, is a country located in Central America, between the countries Colombia and Costa Rica, it has the Pacific and Atlantic oceans being privileged by these waters that surround it, seas that fill it with infinite advantages over other nations. The existence of both greatnesses has facilitated communication with more than 75 countries since August 15, 1914, the date on which the Panamanian navigation channel was built.

Divided by two locks: Gatún Lake; made up of three gates that raise the ships to 26 meters above sea level; Each one measures 33.5 meters wide and 306 meters long, the time it takes to fill with water is approximately 8 to 15 minutes. For their part, the Miraflores locks are 9.4 meters long, making the ships descend towards the Pacific Ocean. Its effect is focused on shortening the maritime communication distances and times for vessels, providing them with a short and cheaper transit route between these two great oceans.

The Republic of Panama is a sovereign independent state, which respects the individual and social rights, where the will of the majority is the highest expression of the people, represented by free vote. Its powers are exercised through three main bodies: legislative, executive and judiciary, which ratifies that the people emanate participative democracy.

Panama’s advantages are many, global trading patterns, for example, have encouraged millions of investors from around the world, the result of stable economic represented by balboa currency (U.S. dollar). It has also boosted growth in developed countries and it has provided support to those on their way of developing. Panama has the best financial system in Latin America, comprising more than 80 banks involved in operating and promoting the nation’s growing economy and competitiveness. Its main economic activity is exports, promoted as new means of improving the national economy, being a great addition to this, the current operation of the Panama Canal

The canal allows cargo to be transported more quickly between the Atlantic and Pacific oceans

Panama has a very stable and liberal government, which makes it very attractive for foreign investment.

Don’t worry about confusing exchange rates, the US dollar is the official currency of Panama

The core of the economy is in the province of Colon, this is where they do the majority of imports and re-exports of the country. Located in the Caribbean to the Panama Canal entrance, just 55 minutes by road from the Pacific. It has the largest port system in Latin America consisting of: Colon Container Terminal, Panama Ports Terminal, Colon and Manzanillo Ports Company International Terminal

For those shipping lines transiting the canal of the city, port services are offered to them as; maintenance of containers, security 24 hours a day, continuous 1.240 meters docks for container vessels, with a depth of 13 meters to the side of the same and continuous springs 400 meters with a depth of 14 meters to the side, among other services. The Panama Canal is today indispensable route for the global maritime trade, more than 13000 ships pass through it annually. The world’s best shipping lines use the channel this shows the increasing port activity that has been generated over the years, helped by the international banking center, the Colon Free duty Zone, locations that together provide the ideal environment for international business trade.

Panama City is known worldwide for its inter-oceanic canal and Free Duty Zone, also located at the entrance of the Panama Canal on the Caribbean side, Colon Province, consists of 400 hectares of land. It is considered the world’s largest and the first to be built in the Western Hemisphere. Due to its, access to major ports in the Caribbean, it has become one of the biggest international port cities and the second largest center for imports and redistribution of the world. Historically, the Republic of Panama has been a crossing point and road freight from people all over the world, therefore, has become an important center of services focused on global trade. With a Caribbean climate surrounded by sea, major tourist sites, where you can see different contrasting landscapes. It is today one of the most visited cities worldwide