Over the last two decades, Panama outstood as the most dynamic Latin American economy. Panama benefits from its location and infrastructure, as its canal plays a key role in global logistics.
Insight
Panama Industrial Report, 2023
Panama’s economy has remained resilient in the past decade except for 2020. Growth has been supported by burgeoning internal demand and a myriad of infrastructure projects that boost employment, investment and tourism.
Despite real estate sector taking a toll over the last years, the industrial / logistics segment remained the most resilient given to robust demand. Quality assets including free zones and industrial / logistics parks are owned by a mix of local and international investors, attracted by resilient demand drivers, rents quoted in dollars and a desirable mix of renowned tenants.