A+ Class Industrial Logistics Park of 46 hectares located on the Pan-American Highway, just 3.8 km from the cargo area of Tocumen International Airport and in front of the Panama Metro Line 2 station and Metro Bus. Let us tell you more!

Industrial parks are specialized areas for logistics operations that have the appropriate services and infrastructure to carry out activities for companies and regional platforms located in them.

Currently, Grupo Tribaldos has projects and logistics platforms perfect for large international companies to establish their operations and export to other countries from Panama.

One example of a major project is the Panama Industrial and Logistics Park, a development by the Pérez Corporate Group, a Panamanian company with over 60 years in the market and extensive experience in various business sectors. It's no coincidence that Panama is called “The Hub of the Americas” worldwide.

Industrial parks increase the likelihood of attracting foreign investment to the country. This is because multinational companies need a place with certain characteristics or specific variables, such as a geographic location that facilitates access to markets in the region, the availability of skilled labor that the different industries require, and other advantages that Panama definitely has to offer.

Panama Logistics Park: A+ Class Industrial Park

• It is an industrial and logistics development of 46 hectares
• It offers 43 lots ideal for logistics and industry services
• It has 18.5 hectares for local operations and multinational companies
• Additionally, 14.5 hectares of Free Zone
• It is structured as “Horizontal Property”
• Lot availability in Industrial Park starting from 4,000m2 (Land from $182 per m2 + Warehouse construction)
• Free Zone lots starting from 3,000m2
• Sale of custom-designed and built warehouses (BTS - Built to Suit)
• Long-term lease of industrial warehouses and facilities (Tailor Made)

https://www.youtube.com/watch?v=Bcg27cCdA0c

But beyond the project, what does this great country offer to consider relocating and operating a business from here?

• According to the Logistics Business Council (COEL), the main attractions that have positioned Panama as one of the leading logistics hubs in the hemisphere are:
• Laws that promote and protect investments.
• Attractive fiscal incentives.
• The best connectivity in the region.
• Port interconnection across two oceans.
• Its multimodal nature, allowing for various shipping routes (maritime, air, land, rail).
• Solid world-class infrastructure.
• Currency stability, with the U.S. dollar as the circulating currency.
• The Panama Canal, which connects 144 maritime routes with access to 1,700 ports in 160 countries, allowing access to most American cities in less than 10 days. The expansion allows the transit of Neo-Panamax ships, doubling their cargo capacity.
• Panama has one of the lowest corporate tax rates in the Americas (25%), lower than those of the U.S., Mexico, and Costa Rica, enabling cost savings.

Potential Advantages

In addition to being located in an A+ Logistics Park, you will have advantages such as:

Tax Benefits:

• Exemption from direct and indirect taxes, fees, national levies, and import duties.
• Service companies will be 100% exempt from Income Tax on foreign operations and their internal operations.

Immigration Benefits:

• Acquisition of Permanent Resident permit as an Investor.
• Temporary Resident permit for trusted personnel, executives, experts, and/or technicians.
• Incentives such as bonuses, production bonuses, performance bonuses, and profit sharing for workers, exempt from educational insurance and social security.

One of the major benefits that manufacturing companies will have when establishing operations in Panama is access to 300 million middle-class consumers in Latin America and 1.3 billion globally.

Have you considered operating your business from a more strategic location? Do you need help evaluating the best option? At Grupo Tribaldos, we are your real estate partner and are ready to provide you with all the advice you need.