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Industry key Opportunities
 
Panama business practice offers a wide range of opportunities to enter in the economic system to initiate local and/or international operations. Such opportunities can be through business associations, partnership, franchising, mergers and acquisitions, or through the incorporation of your own company. Most dynamic economic sector activities that show a sustainable economic growth for the year’s 2011 y 2010 are as follows:
 
         

Service Sector

Indicator

Million Amount
2012

Million Amount
2011

Percentage Variation
+(-)

Transportation
Panama Canal Operations

Revenue

US$ 1,870.5

US$1,782.0

5%

Financial System
Banking System

Banking System
Assets

US$ 72,937

US$ 66,217

10.1%

Whole Sales
Commerce

Free Zone Operations

Value of
re-exportation
Colon Free Zone

US$ 16,142

US$ 15,111

6.8%

Tourism


Disbursement paid by tourist

US$ 2,261.9

US$1,925.6

17.5%

Construction Sector
Construction

Accumulated value of constructions, improvements and repairs 

US$ 1,360.2

US$ 1,094.7

24.2%

 
Source: Contraloría General de la República de Panamá.
 
Some industry drivers that promote a sustainable growth in cash inflow and outflow are the followings:
  • Panama Canal expansion.
  • Country infrastructure (City coast expansion, Panama-colon road, inter-American road network, etc.).
  • Tourism, Real Estate and Construction.
  • Puerto Armuelles Refinery.
  • Expansion of port facilities.
  • Financial and Insurance Services.
  • Communications.
  • Generation of electricity.
 
 
 
 
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