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A US$ 38 million investment for first digital free zone in Panama

The first digital free zone will be installed in the San Miguelito district and according to the current government projection’s, it requires an investment of 38 million dollars.

The finance of the project will be in charge of the International Bank of China and the Panamanian Global Bank. The first stage involves a 10.6-million-dollar investment on the part of the private sector, 28.6-million-dollars will be directed to it in the future.

The structure named BPO Free Zone will offer specialized digital services: E-commerce, blockchain, data center, cloud and digital networks. The physical and virtual space will be available for local and international companies that operate providing related services.

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