London & Regional Panama, master developer of PANAMA PACÍFICO, has announced that two new companies have been approved to operate within this Special Economic Area, increasing number of companies signed and operating to 49.

The companies that have chosen PANAMÁ PACÍFICO as their base of operations range from ship chandlers and service companies, to large multinational corporations such as 3M, DELL and Caterpillar, who were looking for an ideal place to develop their businesses or services in the region.

DELL has established its second largest Call Center in Panama Pacífico, taking advantage of the communications facilities PANAMA PACÍFICO offers with direct access to onsite fiber-optic cable; Caterpillar has broken ground on its Latin American base for a new training center for large equipment and 3M, which is waiting to be able to move to a larger facility onsite, is developing and producing very unique, high-tech products, that are being exported as far away as Asia.

Other important companies originating from all over the world, have found the ideal place to develop the most diversified kind of business here such as, 3PL PANAMERICANA (logistics), Osala (pharmaceuticals), Cable & Wireless Panama (data center and information transmission), Gianfranco Agency (Ship Services),  Universidad del Caribe (A four-year private College), ST Aerospace (airplane maintenance), and several others that make up a group of visionaries, that have found in PANAMA PACIFICO the ideal place to do business.

Located adjacent to the Panama Canal, PANAMA PACÍFICO is being developed by London & Regional Panamá, under a master development contract signed with the Republic of Panamá in 2007. London & Regional Panamá in its master plan agreed to build infrastructure, commercial buildings and warehouses to house the most demanding companies within the logistics and commercial sectors.  Simultaneously, new neighborhoods of apartment complexes, condominiums and single family homes are being built to provide quality onsite housing for company executives and management.

PANAMÁ PACÍFICO´s strategic location, includes adjacency to the Panama Canal, just 10-minutes access to the Panama-Colon railroad and Balboa Port, immediate access to Pan-American Highway, an onsite operational airport, and the legal, labor and tax incentives the Panamanian Government offers to companies establishing here. Many industries are completely exempt from paying fiscal taxes.

For more information http://www.PanamaPacifico.com

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