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Panama’s Colón Free Zone expects to achieve $24 billion in sales this year

Wednesday, June 29, 2011


With some 3,000 companies trading $10 billion in trading of merchandise in the first five months of this year, the Colón Free Zone in Panama announced its full-year projections.

“By the end of this year we expect sales of more than $24 billion. That means an average of $2 billion a month,” said the free zone manager, Leopoldo Benedetti.

Last year, the zone had a workforce of 30,500.

Original source (in Spanish): La Estrella