Colon to be Panama fashion-industry springboard
A partnership to promote imports and re-exports of apparel and fashion between Asia, the Colon Free Zone and Latin American destinations was signed by the Panamanian company Exclusive Brands Logistics Corp and Damco Panama.
The logistics deal is the first of its nature for the fashion industry in Panama. The hub will handle about 35,000 cubic meters of goods per year.
EBL is a provider of value-added services, including packing and labelling, to the fashion and apparel industry in the Colon Free Zone, the commercial distribution centre located at the Atlantic gateway of the Panama Canal.