Partner Article

Panama trade mission opens Latin American opportunities

A UK trade mission to Panama will be the first of its kind launched by travel and conference management specialists CT Group Travel.

The Kent based firm, in partnership with European Atlantic Trade and Investment Missions will lead delegates to the Central American country in March, with full support of the the British Embassy, UKTI in Panama, and the Embassy of Panama in the UK.

Panama’s economy has boomed in recent years with an average growth rate of 8%, which has largely been fueled by the expansion of the Panama Canal and extensive infrastructure projects.

As the logistics hub and global financial centre for the Latin American region, Panama has attracted significant foreign investment, and the UK is the second largest investor in the country.

Business opportunities in the country include marine services, financial services, procurement related to the Panama Canal, provision of concessionary services to the ports, and logistics, education and training, among others.

A recent London conference called Panama Invest 2011 provided investors and decision makers from the main capitals of the world with information regarding business opportunities in Panama.

Attending the event was CT Group Travel’s, missions manager, Lyndsay Snowden, who said: “The high numbers of delegates attending this event was a pleasant surprise, there were far more attendees than other similar events I’ve been to in the past.

“This confirmed just how much opportunity and interest there currently is in Panama and we’re confident our mission should attract a good number of participants.”

This was posted in Bdaily's Members' News section by Tom Keighley .