PROMOTING THE ATTRACTION OF FOREIGN INVESTMENT.

Boyd’s Realty with the special company of PROPANAMA, we visited the prestigious largest private free zone in Panama "PANAPARK Free Zone" participating in meetings and tours with the Management team of COINLA (consortium in charge of this important venue).

With the mission of seeking and developing different strategies that allow the commercial reactivation of our country, we have taken the initiative to work on different alternatives for the benefit of Panama; As for example we can mention: regional chains for distribution and supply of products through multimodal connectivity with the aim of reaching multiple destinations where the various offers that Panama offers as a safe country for investment and to settle can be presented and promoted, showing the attractive and best products to potential clients, among which the industrial and logistics sector stands out; recognizing Panapark Free Zone as a complete and multimodal platform that has a consolidated potential within its resources at a national and international level.

Panapark offers an industrial development that includes 53.5 hectares, being 49 hectares for Industrial, Logistic and Services use and 4.5 hectares for Commercial development located at the entrance of the complex. Its master plan is divided into stages, where its First Stage has been completed, it is fully operational with operating companies and others in the process of installation.

Its Infrastructure provides a diversity of products such as warehouses, lots, large lots, BTS (custom construction).

It has a strategic location in the eastern sector of the capital and is under a special regime of free zones "Law 32" that includes tax incentives (tax and customs exemptions), labor and immigration benefits, allowing activities such as:

• Higher Education and Scientific Research Centers
• High technology
• Assembly, Manufacturing and Value added to product
• Finished or semi-finished product processing company
• Logistics, Others

Among its strengths we can mention that it offers flexibility in business models such as: purchase, sale, rent and rent with option to purchase, compared to other existing regimes in Panama. It also allows obtaining property ownership, is characterized by efficient technology and digitalization of processes, promotes the biosafety protocol, in addition to the fact that multiple activities have customs and other official bodies, summing up in optimization and efficiency.

This type of facilities with modern and multimodal infrastructure, hand in hand with free trade agreements, continuously contribute directly and indirectly to the country's growth and development. Which gives us the opportunity to become the partner country and to be the ideal candidate for companies seeking to establish in the region.

At Boyd’s Realty we are always creating opportunities to invite and encourage foreign companies to establish and develop in Panama.