Colón Free Trade Zone aims to beat $29 billion record

Panama's Colón Free Trade Zone is likely this year to beat the $29 billion set last year, Leopoldo Benedetti, the zone's general manager, said.

Last year's $29 million was the result of a 30 percent increase in exports and imports over 2010.

Benedetti stated that imports and re-exports in the Colón zone increased by 13 percent last January, 10 percent in February, 33 percent in March and about 14 percent in April.



Source (in Spanish): Xinhua