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PIMM latin business chronicle

PIMM latin business chronicle

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Published by PIMM
Panama International Merchandise Mart is picked as a great project by the Latin Business Chronicle.
Panama International Merchandise Mart is picked as a great project by the Latin Business Chronicle.

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Published by: PIMM on Jul 04, 2008
Copyright:Attribution Non-commercial

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06/14/2009

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12:00 AM
Monday, March 24, 2008
Panama Merchandise Mart Expands
Panama IMerchandbecomlargest, thChinese and
 BY CHR
At the PaMerchandisaims to bewholeLatin Amercompanies
nternationalise Mart aims toe Latin America'sanks in part toIndian companies.
ONICLE STAFF
 
ncsale inica, Chineseaccount for the largestontingent of the 1,150out so far.- a
Latin Business Chronicle 
 erce (see China: Latinama Internationale Mart (PIMM), whichome the largestmerchandise centercshowrooms that have been sold That is no coincidence. Despite its small size, Panama is China's thirdlargest export market in Latin America, behind Mexico and Brazil (theregion's two largest economies), according toanalysis of data from China's Ministry of CommBusiness Boom).
Also Indian companies are big clients, says Reynald Katz, president ofPIMM. The remaining come from countries including Canada, Italy andVenezuela. "Panam a is the logistical center of Latin America," he says,explaining why the mart was located there.mportance as a regional hubsts the Panama Canal,ping registry, the world's second-largest free traded Latin America's largest international banking
THE PANAMA HUB
 PIMM will further add to Panama's growing ifor international business. The country already hothe world's largest shipzone after Hong Kong ancenter. It is also increasingly being used as a hub for multinationals likeProcter & Gamble and Hewlett-Packard (SeePanama: RegionalChampion).
art islocated between Panama City andColon. (Photo: PIMM)PANAMA MART:PanamaInternational Merchandise M
 
 
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