IFZA works to support and build a collaborative business ecosystem

IFZA, one of the world's most dynamic and fastest-growing Free Zone communities, has announced the launch of IFZA Panama, a landmark step in its global expansion strategy.

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The new Free Zone in Panama City marks IFZA's first physical presence in Latin America and reinforces its commitment to fostering global entrepreneurship and interconnected business ecosystems.

In a significant move, the Government of Panama has officially granted IFZA a licence to operate a Free Zone in the country. This initiative will allow IFZA to bring its proven model of growth-oriented, investor-friendly infrastructure to Latin America.

Panama, often referred to as the "hub of the Americas", shares many synergies with Dubai. It is a vibrant trade and financial centre, home to over 60 local, regional, and international banks. Its strategic location-bridging North and South America combined with the Panama Canal and a globally connected air transport network, makes it an ideal location to support nearshoring strategies and international expansion.

"Our expansion into Panama is a natural extension of IFZA's global growth strategy," said Martin G. Pedersen, Chairman of IFZA. "Panama's strategic geographic position, robust banking system, modern infrastructure, dollarized economy, and business-friendly regulatory framework make it an ideal partner for our next chapter. We are deeply committed to working collaboratively with the Panamanian government and local stakeholders to create shared economic value."