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The ideal place for investments

Where is Panama?

Government: Independent and sovereign estate. The government is unitarian, republican, democratic and representative and is integrated by three powers: the Executive, the Legislative and the Judicial. The Executive encompasses the President who is the head of the estate and is elected for a five-year period by universal suffrage, two Vice-Presidents and a Cabinet of Ministers chosen by the President. 72 members of a Unicameral Legislature, elected by direct suffrage for a five-year period, constitute the National Assembly. The judges of the Supreme Court are proposed by the President of the Republic for the approval of the National Assembly for a ten-year period.

President: Dr. Martín Torrijos Espino

Politic – administrative division: 9 provinces and 5 Territories.

Provinces: Chiriquí (City of David), Bocas del Toro (Bocas del Toro), Veraguas (Santiago), Herrera (Chitré), Los Santos (Las Tablas), Coclé (Penonomé), Colón (Colon City), Panama (Panama City) and Darién (La Palma).

Comarcas: Ngobe Bugle, Kuna Yala, Madugandi, Wargandi and Embera (Cemaco and Sambú)

Capital: Panama City

Location: Located at the Center of the Western Hemisphere, Panama links Central America and South America through an isthmus measuring 80 kilometers in width at its narrowest point.

Limits: North: The Caribbean Sea, South: the Pacific Ocean, West: Costa Rica (330 km), East: Colombia. (225 km)

Area or territorial extension: 75,517 Km2 (29,208 square miles).Territorial Sea: 200 nautical miles (mn).

Geographical Traits: The Panamanian topography is conformed by mountains near the Caribbean coast, and by gentle hills and extensive savannas near the Pacific. Panama has 2,988.3 kilometers of coastline on both oceans, the Caribbean and the Pacific, with approximately 1,518 islands and 4 archipelagos.

Climate: Pleasantly tropical, with uniform temperatures throughout the year; except for the mountain areas where the climate is temperate. There are two seasons: rainy and dry. The rainy season extends from May to December, with rainfalls that allow warm sunrays to filter through during a great part of the day. During the dry season (summer) pleasant Trade winds blow.

Time: Under “East standard time,” with an hour in advance in relation to the rest of Central America.

Currency: The legal tender of the Republic of Panama is the Balboa. However, the US dollar is the circulating paper currency, the exchange rate being: 1 Balboa = 1 Dollar.

Official Language: Spanish, but English is commonly spoken and understood in urban centers. There are several aboriginal dialects.

Religion: Mostly Catholic, but there is free cult and other religions are practiced.

Population: 2,839,177 inhabitants (According to the 2000 census).

Urban Population: 89%

Ethnic Groups: 70% crossbreed, 10% white, 12% mulatto and 8% aboriginal. In Panama seven aboriginal groups can be found: The Emberá – Wounaan, the Kunas, the Ngöbe – Buglé, the Teribe (Nazo), the Bokotá and the Bri bri.

Population Density: 81 per square mile.

Distribution by Age (%): 0-14 years 37.0%, 15-59 years 56.3%, 60+ years 6.7%

Literacy Rate: 90%

What should I know about Panama?

What type of Economy does Panama have?

Panama’s economic policy is operated by an open free market system based on the tertiary sector, services, having been one of the first countries to implement this policy.The Panama Canal, Tourism and the Colon Free Zone, are the most important economic activities, but there has been a significant development of the industrial and construction sectors.

The Gross Internal Product figures for the end of the year 2004 show a growth of approximately 6.2%. This growth is associated with the positive development of activities associated with the external sector, specially the development of non-traditional products exportation, the increase in foreign tourist expenses (tourism), the Colon Free Zone, the Panama Canal, air transportation and port services.The sectors showing the greatest dynamism in the generation of employment were: gross and retail trade, construction, real estate or rent activities, hotels and restaurants.

What type of communication system does

Panama have?

Maritime and Fluvial Transportation

The Panama Canal is a short and relatively inexpensive route between the two oceans that has considerably influenced world trade patterns, has impelled the growth of developed countries and has provided many remote areas of the planet with the basic impulse needed for their economic expansion. The world maritime navigation converges in the Inter-oceanic Canal and the most important international airlines offer convenient flight itineraries to and from Panama City, with connections to the whole world.

On both coasts there are yacht clubs and marinas that provide services to national and international boats and yachts arriving either for a brief sojourn to enjoy the beautiful maritime surroundings or to stock on their way to other lands.

Maritime PortsThe Panama port system comprises 18 ports of which 11 are managed by the authorized governmental entity, basically small ports that cater to international transportation and coastal trade. The other seven ports are managed and operated by private enterprise. Each one of these ports presents very particular physical characteristics and specific facilities for users. Today there are port terminals exclusively for cruise passengers such as Colon 2000 and Amador, terminals that offer services to passengers and cargo such as Balboa and Cristobal. Additionally, new ports for cargo have been built, such as the Colon Container Terminal (CCT), Charco Azul in Chiriquí, Chiriquí Grande in Bocas del Toro and the Manzanillo International Terminal (MIT).

Railroad The trans-isthmian railroad in its just-over-an-hour 70-kilometer journey continues to perform the historic trip parallel to the Panama Canal that our ancestors traversing the Isthmus undertook 143 years ago; a trip that is reminiscent of Spanish conquerors, ransacking pirates, gold diggers and also the builders of the railway.

What type of communication system does

Panama have?Airports

Panama has 27 public and 41 private aerodromes. Of these aerodromes 5 are international airports. The most important one is Tocumen, located at the outskirts of the capital city, at about 15 minutes from the center of town. A modern highway, the Corredor Sur, communicates the airport to the banking center.

The second airport is Marcos A. Gelabert servicing internal flights. The main passenger and cargo airlines offer services from Panama to all parts of the world.

1.- International: the Isla Colon island Airport and the Captain Manuel Niño at Changuinola in the Province of Bocas del Toro, the Enrique Malek at the City of David in the Province of Chiriqui; the Marcos A. Gelabert at Albrook and the Tocumen Airport at the City of Panama, Province of Panama.

2.- National and domestic: The Santiago Airport in the Province of Veraguas, the Chitré Airport in the Province of Herrera; the Enrique A. Jiménez in the Province of Colon, the Porvenir airport in the Comarca Kuna Yala, and the Las Palmas in Darien.

Highways

The Republic of Panama has a public road system of approximately 11,303.3 kilometers of asphalt concrete, asphalt, coated and dirt roads.

The Pan-American Highway, known as the Inter-American, unites the City of Panama with other provinces up to the border with Costa Rica, but is still under construction to the Province of Darien. The Panama – Colon highway will take you from the Pacific to the Caribbean in one hour.

The most distant corners of the Republic interconnect through secondary asphalt roads. Among the most important land communication roads are: the Arraiján La Chorrera Highway, the Corredor Norte, the Corredor Sur and Bridges of the Americas and Centenario over the Panama Canal.

Land Transportation

Bus services cater to entire country. There are modern bus terminals that cater to the buses interconnecting the country.

Did you know that Panama...

• Has coastlines with spectacular surroundings and islands on both coasts, worldwide

famous water-diving and fishing sites• Has five golf courses inside or outside Panama City and others in Colon

and at beach resorts• The most important sport activities include horse races, sailboat races,

yacht races, boxing, bicycling, fishing, golf, baseball, basketball, river rafting and surfing.• Nightlife includes discotheques, casinos, live music, restaurants, cultural

events, theater, cabarets, classical music and other attractions. • Commercial transactions have a 5% tax; alcoholic beverages, mixers

and cigarettes have a 10% tax. • Food and pharmaceutical products are sold without taxes. • Schoolbooks and uniforms are exempt from taxes 20 days before and 20

days after the school year. • Public Transportation: taxis and buses• There are eight daily newspapers in Panama (six in Spanish and two in

Chinese) and more than twenty weekly and monthly journals. • The country has eight television stations, two of them educational. • There is also cable service. • Around 80 commercial radio stations are in operation.

If you invest in Panama, you are investing in one of the three best places to live in Latin America according to a recent survey

carried out in 192 cities around the world. The study takes into account characteristics such as transportation, crime index, arts

and entertainment.

What makes Panama different?

INVESTMENT ADVANTAGES

Panama’s geographical position, with short time access to the Pacific and Atlantic Oceans, automatically turns it into the bridge between America and the rest of the world. Its history confirms this assertion, since from ancient times it has served as obligatory transit for travelers and cargo; and today, through the Tocumen International Airport, it has become the Hub of the Americas.

Charmed by the natural bountifulness of this land, people from faraway countries have come to establish their homes, transforming its population into a melting pot of races and developing a unique culture.

Panama has always been a pleasant and relatively inexpensive place to live. A place where social stability and security have been core elements in the development of the country, where foreigners are offered the same legal advantages as the nationals and where discrimination does not exist; there are excellent educational institutions and churches for all cults, as well as the most advanced technology for hospitals in Latin America and a spectacular nightlife.

The synergy existing between the Colon Free Zone, the international banking and financial centers, a modern communication hub that includes ports, the trans-isthmian railway, highways and the Panama Canal at the center of the main commercial routes of the world, have enormously contributed to the development of the country. The dollar economy makes Panama an optimum country for private investment busted by the creation of investment incentives, labor laws, tourism, reforestation and export processing zones. These zones include industrial parks, techno-parks, training centers and related activities all along the inter-oceanic way, where dozens of national and international companies have established their businesses and connections with world markets.

All this has been possible due to the high professional level of human resources, a mostly bilingual population and access to consumer products and ultimate technology.

Why invest in Panama?

1. The appropriate legal frame for investments

2. Mutual Investment Protection Agreements

3. Investment incentives

4. Competitive Access to International Markets (Central America and North America)

 5. Qualified and Competitive Labor Force

6. Abundant Natural Resources

7.  Developed Infrastructure.

8.  Low Direct and Indirect Investment Costs

9. Wide-ranging offers for Business Opportunities

10. Economic opening and conditions for free enterprise

11. Economic Development Potential

12. The adequate Social Climate and Consolidated Democracy

13. Security in investment for the repatriation of Capitals

FOREIGN INVESTMENT

Constitutional regulations protect private property, intellectual property, free enterprise and the principles of non-discrimination. The Constitution stipulates that foreigners will receive the same treatment as nationals inside Panamanian borders.

Furthermore, this legal concept is reinforced by Law No. 54 of July 22, 1998, regulating procedures for the legal stability of investments and offering foreign investors and the enterprises where they participate, the same rights and obligations as national investors and enterprises, with no more limitations than those established by the Political Constitution and the Law, including what pertains to freedom of trade and industry, export and import.

What incentives does Panama offer?

Tourism investment activities are promoted under the legal frame of Law No. 8 of June 14, 1994** with the objective of increasing and improving the country’s existing tourism offer.   OBJETIVES OF THE LAW• To create a simple, prompt and rational process for the development of tourism activity in Panama.• To grant incentives and benefits to persons engaged in tourism activities. • To adopt mechanisms to achieve coordination of the public and private sectors linked to tourism and promote tourism in Panama. ** Regulated by Decree No.73 of April 8, 1995, modified by Decree No.197 A of October 6, 1995 and Decree No.4 of February 10, 1998. Only valid for areas that have been declared of tourism interest or development zones.

What activities obtain incentives from Law 8?

Public Lodgings in the following

modalities:

• Hotel

• Motel

• Apart-hotel

• Cabins or bungalow

• Time Sharing

• Tourism Regime for horizontal

properties

• Camping sites

• Family hostels

• Lodging

• Thematic Parks

• Convention Centers

• Marinas (only in areas declared of interest or

for tourism development)

• Corporations working on receptive tourism

• Investments in World Historical Heritage

Sites

• Filming of feature films or television series

for international distribution.

• Passenger Tourism Transportation Services:

land, air and sea.

• Zoos

• Interpretation and research centers on

Natural and Cultural Sites in the Country.

What are the Incentives?

According to the type of business activity developed, the following exoneration benefits are possible:

• 20 years on imports

• On the capital for the project development term

• Depreciation of up to 10% a year on real

estate, including land

• 20 years on real estate.

• Docks or airports constructed or rehabilitated

by the corporation for the project

development term.

• 1% exoneration for FECI (Special Fund for

Interest Compensation)

• 15 years on income tax.

Which are the Tourism Development Zones?

The Tourism Master Plan partitions the country into Tourism Development Zones, based on the need for a tourism plant and the density concentration demand distribution around the country. These areas have special conditions for tourism attraction but lack the basic infrastructures for the development of tourism. The national government declared seven of these development zones of national tourism interest and projects developed in these areas have special incentives:  

Zone 1: La AmistadZone 2: BastimentosZone 3: Arco SecoZone 4: FarallónZone 5: MetropolitanaZone 6: PortobeloZone 8: Las PerlasZone 10: Veraguas (Coiba)

Also established as special zones, albeit not included in the original plan, are Barú and the Tocúmen Airport. 

Tourism Investment Opportunities

Casco Antiguo in Panama City: The Casco Antiguo or Colonial Panama,

is a walled city encasing the World Heritage

Site. For tourism developments in the Casco Antiguo Historical Heritage Site in

Panama City, Decree Law No. 9 of August 27,

1997 offers a special incentive plan for its restoration and enhancement.

 Developments in the Reverted

Areas: The areas reverted to Panama after thedeparture of the US military bases near

the Panama Canal, are managed, guarded

and maintained by the Inter Oceanic Region Authority. This governmental entity has

legal attributes to promote the use of these

areas for their productive integration to the development of the Country. These

lands have diverse attractions and resources

for tourism and commercial development.

Legal Norms that support Tourism Investment

I.- INVESTMENT SECURITY LAW: N° 54 OF JULY 22, 1998“BY WHICH MEASURES FOR THE LEGAL STABILITY OF INVESTMENT ARE ENACTED”

Foreign investors and the enterprises in which they participate, have the same rights and obligations as national investors and enterprises, with no more limitations than those established by the Political Constitution and the Law, including what pertains to freedom of trade and industry, export and import. Likewise, investors are guaranteed open use of the resources generated by their investment, free distribution of capital, dividends, interests and profits derived from investments, as well as free commercialization of their production.  The legal stability regime is established for natural persons or body corporate of private law, national or foreigner, making investments inside the national territory to develop tourism, industrial, agricultural export, free export zones and crude oil activities; telecommunications, constructions, port and railroad developments; electric power generation, irrigation projects and efficient use of water resources, and all activities approved by the Cabinet of Ministers, with prior recommendation of the Ministry of Commerce and Industry. • Natural persons or body corporate making investments in Panama will have the right to a ten year legal stability benefit, national taxation stability, municipal taxation stability as well as fiscal regime stability, labor regime stability. The Consultation Board on Legal Stability for Investment, conformed by representatives of the diverse Panamanian business corporations, was created in the Ministry of Commerce to cater to this issue. • Natural persons or body corporate, making investments in Panama and that would like to receive the benefits of the law must invest a minimum of two million dollars ($ 2,000,000).

The specific principles and regulations related to investments in Panama can be found in the Panamanian Constitution and others *

II. MIGRANT LEGISLATION FOR FOREIGN INVESTORS

PROVISIONAL RESIDENCE LICENSE AS MACRO ENTERPRISE INVESTOR OF B/.150,001.00 (MINIMUM INVESTMENT OF ONE HUNDRED FIFTY THOUSAND ONE BALBOAS)

Applies to foreigners that desire to immigrate. They must invest in a new, new and recently incorporated or recently incorporated (up to 5 months) macro enterprise, with a minimum corporate capital of B/150,001.00. The petitioner must be an official or shareholder of the corporation in which the stockholder equity has been invested, present evidence to the National Direction of Immigration and Naturalization of the origin of the funds invested, as well as of the direct personal investment and the payment of the minimum stockholder equity required. The corporation can be industrial or commercial, wholesale or services, so that a type “A” or industrial license is required.

 

The corporation must have an initial payroll of three (3) Panamanian fulltime working employees, earning salaries that are not under the minimum established by Law for each region, specifying their position or activities performed, and have employees enrolled in Social Security. When requiring an extension of their expiring Immigrant Visa, it is important that foreigners take into account that evidence of compliance with the obligations on hiring Panamanian personnel and an update on payments of Social Security obligations must be presented. When the Immigration Visa is approved, the requesting foreigner receives a document valid for one year called Provisional Residence License (PPP). After the year lapses and one month before the expiration of the Provisional Residence License, the petitioner must request Definitive Residence with the Right to a Panamanian Personal Identification Document as resident with the status of Macro enterprise investor.

PROVISIONAL RESIDENCE LICENCE AS A MICRO ENTERPRISE INVESTOR (INVESTMENTS OVER FORTY THOUSAND BALBOAS AND UP TO FIFTY THOUSAND BALBOAS)  Foreigners that wish to immigrate and establish residence in the Republic of Panama must invest on a new or recently incorporated (up to five months) micro enterprise with a minimum corporate capital of forty thousand balboas (B/.40.000.00), and up to a limit of fifty thousand balboas (B/.150,000.00). Evidences must be presented to the National Direction of Immigration and Naturalization of the origins of the invested funds as well as of the direct personal investment and payment of the minimum stockholder equity required; documents and evidences such as bank references on the entrance or transference of funds from abroad to the name of the petitioner, who must be the unique nominative share holder reflecting a minimum personal investment of forty thousand balboas (B/.40,000.00). It is however possible to associate with other Panamanian investors for the remaining capital in the event that the amount is over the minimum required sum to apply for this visa (up to fifty thousand balboas). The company can be industrial or commercial, wholesale or services, thus it must have a type “A” or industrial license and must have an initial payroll of three (3) Panamanian fulltime employees, earning salaries that are not under the minimum wages established by Law for each region and specifying their position or activities performed, have employees enrolled in Social Security and comply with the legal obligations related to social charges. When requiring an extension of their expiring Immigrant Visa, it is important that foreigners take into account that evidences of compliance with the obligations of hiring Panamanian personnel and an update on payments of Social Security obligations must be presented. 

III.- Reforestation Incentive Law: Law No. 24, November 23, 1992 Among the incentives for investment in Panama are the reforestation investments.The incentive benefit both national and foreign investments, as well as banks and other financial institutions that provide reforestation loans. In relation to incentives, reforestation implies planting forest species in non-sown grounds with projects related to trade, tourism, agro-forest, power or farming, or just to improve the environment.  

IV.- REGULATIONS OF FACILITIES FOR HANDICAPPED PERSONS EXECUTIVE DECREE Nª 88 OF NOVEMBER 12, 2002 “By which Law No. 42 of August 27, 1999 is regulated, establishing Equalization of Opportunities for Handicapped persons.” The Estate must guarantee equality of opportunities for handicapped persons in sectors such as: health, education, work, family life, recreation, sports, culture, among others. In the tourism sector it is recommended to use common sense in regards to the facilities: norms related to areas of vertical circulation, such as stairs, ramps, escalators and alternate means of elevation.

V. Cabinet Decree No. 252 of December 30, 1997 and Executive Decree No. 17 of May 11, 1999 of the Ministry of Labor and Labor Development

Which enacts norms regulating the employment of human resources in relation to rights and duties over work time, minimum salary and work permits for foreigners, amongst other related subjects.

How is Panama promoted?

The market strategies are oriented towards “Raising the voice of Panama”, generating a greater quantity of tourist for Panama through the brand established for our country, maintaining the stance that reaffirms the message that “Panama is a natural wonder, non-spoiled, waiting to be discovered.”  The campaign maintains as target market the pioneer traveler, but incorporates now two other strategic markets with great potential: retired or pensioned and investors.

Strategies are established according to the market:

1.- North America: the first thing is to recover the position through marketing and publicity in specific media directed to the market objective groups. Create a plan to give a message to the retired or pensioned and the investors market groups.

2.- Europe: Develop a more aggressive market strategy taking advantage of the current situation - direct charter flights from Spain and Italy. Carry out market research in the countries of the European Union, with the objective of determining the countries with potential demand.

3.- Latin America: Revive the image of Panama in the region and continue to promote it in terms of the different tourism products that the country offers.

How is Panama promoted?

What does Panama promote?

Sun and Sea Tourism

Cultural and Historical Tourism

World Heritage Sites Tourism

Shopping

Night Life

Eco-tourism

Health and Relaxation Tourism

Tourism for Retired or Pensioned

Sport Fishing

Adventure Tourism

Business Tourism

Congresses and Conventions

Live

Cultures or Ethnical

Gastronomy

Agro-tourism

 

What have been the results of Tourism for Panama?

Receptive Tourism

The arrival of international visitors to the country by the main ports of entry such as: the International Airport, the Paso Canoa Border, the Ports of Balboa, Cristobal and Other Ports have reported an increase of 11.9%, which in absolute terms amounts to 107,160 additional visitors over the year 2003.

TOTAL VISITORS ENTERING PANAMA THROUGH THE MAIN PORTS OF ENTRY

YEAR: 2004

2004 %

Total 1,004,207 100.0

Tocumen International Airport 498,415 49.6

Paso Canoa Border 71,307 7.1

Maritime Ports 378,608 37.7

Other Ports 55,877 5.6

What have been the results of Tourism for Panama?

MAIN COUNTRIES GENERATING TOURISM, ENTERING THROUGH THE TOCUMEN INTERNATIONAL AIRPORT,

YEAR: 2004

México5%

Venezuela3%

Canadá3%

Colombia19%

Costa Rica4%

Ecuador4%

Guatemala2%España

2%

Otro Países29%

Estados Unidos29%

What has been the effect of Tourism for Panama?

CURRENCY INCOME

Currency income corresponding to tourist expenses during their sojourn in the country for the year 2004 was of 899.3 million Balboas, which means an increase of 11.7% over the year 2003, that is, B/.94.3 million additional Balboas, and an average sojourn expense of B/. 896 Balboas and a daily expense of B/.407 Balboas.

538.1 575.6 625.7678.8

805.0899.3

1999 2000 2001 2002 2003 2004

INGRESOS EN MILLONES DE BALBOASINCOME IN MILLIONS OF DOLLARS

PARTICIPATION OF TOURISM IN RELATION TO THE MAIN SECTORS OF THE NATIONAL ECONOMY

YEARS: 2000-2004IN MILLIONS OF BALBOAS

What have been the results of Tourism for Panama?

581.

8 669.

9

573.

6 650.

6

606.

1

369.

3

690.

3

487.

7

766.

8

290.

6

0

100

200

300

400

500

600

700

800

900

2000 2001 2002 2003 2004

TURISMO CANAL DE PANAMÁ ZONA LIBRE TOURISM PANAMA CANAL FREE ZONE

PROJECTS INCORPORATED IN LAW NO. 8, BY TYPE OF ACTIVITY, ACCORDING TO THE AMOUNT OF INVESTMENTS AND JOBS

MAY 1995 TO DECEMBER 2004

What have been the results of Tourism for Panama?

TYPE OF ACTIVITY INVESTMENT (B/.)

INVESTMENT %

NUMBER NUMBER %

JOBS-DIREC

T

JOBS-INDIRECT

TOTAL JOBS

PUBLIC TOURISM LODGING

827,520,265.00

97.3% 108 63.2% 9,062 12,125 21,187

RECEPTIVE TOURISM AGENCY

966,971.00 0.1% 8 4.7% 16 27 43

TOURISM TRANSPORTATION

SERVICE

3,065,808.00 0.4% 32 18.7% 300 84 384

TOURISM RESTAURANT

8,323,357.00 1.0% 15 8.8% 522 367 889

SPECIAL TOURISM CENTER

6,734,221.00 0.8% 4 2.3% 264 344 608

WORLD HERITAGE SITE INVESTMENT

50,000.00 0.0% 1 0.6% 0 2 2

FILMING 3,443,878.00 0.4% 3 1.8% 1,053 5 1,058

TOTAL 850,104,500.00

100% 171 100% 11,217 12,954 24,171

TOURISM ACTIVITIES ACCORDING TO PROJECT PERCENTAGEMAY 1995 TO DECEMBER 2004

Hospedaje Público Turístico

62%

Agencia de Turismo Receptivo

5%

Servicio de Transporte Turístico

19%

Actividad de Filmación2%

Inversión en Conjunto Monumental

1% Centro Especializado en Turismo

2%

Restaurante Turístico 9%

What have been the results of Tourism for Panama?

Contacts in Panama

PANAMA TOURISM BUREAU

Address: Vía Israel, ATLAPA Convention Center

P.O. Box: 4421, Zone 5, Republic of Panama

Telephone: (507) 226-7000

Web page: www.ipat.gob.pa

Tourism Development and Investment Administration

Tourism Investment Promotion Department

Telephone: (507) 226-3217

Fax: (50/) 226-1761

email: empresas@ipat.gob.pa

 

PANAMA TOURISM CHAMBER (CAMTUR)

Address: Ricardo Arias St. and Third South Avenue,

American University Headquarters

Tele-Fax: (507) 213-9800

VICE MINISTRY OF FOREIGN TRADE

Address: Vía Ricardo J. Alfaro, Plaza Edison Building

Telephone: (507) 360-0700 Extension 2210 y 2211

Fax: (507) 360-0656

Email: secomex@mici.gob.pa

Web page: www.vicomex.gob.pa

INVESTMENT PROMOTION ADMINISTRATION

Telephone: (507) 360-0686 / 360-0600 / 360-0700,

Extension 2313, 2315

Fax: (507) 360-0687

V

Contactos en Panamá

MINISTRY OF ECONOMY AND FINANCE

VICE MINISTRY OF FINANCE:

Address: Peru Avenue, former Finance and Treasury Building

Telephone: (507) 207-7700

VICE MINISTRY OF ECONOMY

Address: Via España, Ogawa Building

Telephone: (507) 269-4262

Website: www.mef.gob.pa

Email: webmaster@mef.gob.pa

CONVENTIONS AND VISITORS BUREAU

51 Street and Manuel María De Icaza Avenue, Magna Corp. Building

7th Floor, office #705Panama City Telephone: (507) 263-2498 Fax: (507) 263-7175P.O. Box 0832-2777 WTC - Panama, Republic of PanamaE-Mail: bureaucv@pty.comwww.bureaucv.com

 

WEB PAGES OF INTEREST

www.pa

www.presidencia.gob.pa

www.acp.gob.pa

www.asamblea.gob.pawww.anam.gob.pa

www.e-panama.gob.pawww.autoridadmaritima.gob.pa

www.ari.gob.pa

www.cascoantiguo.gob.pa