The President of the Republic, Laurentino Cortizo Cohen met this Thursday with the CEO of the company AXON, Rick Smith, who explores the possibility of investing in Panama.

The company AXON is analyzing to establish in Panama a manufacturing and logistics operation of its products for Latin America.

In this regard, Smith indicated that the location of Panama would be of great advantage to them to

“We are looking for places for the manufacture and better distribution of our products and Panama has a great projection in the region,” Smith said.

The company Axon is dedicated to the manufacture of products for the safety of people.

At this meeting, President Cortizo Cohen said that Panama offers advantages and benefits so that multinational companies such as Axon can do business

.” This is the right place to distribute and manufacture,” the Panamanian president told investors.

Since 2007, Law 41 of August 24, 2007, which creates a special regime for the establishment of multinational companies has been approved. According to records, 180 of these companies operate in the country.

The meeting was attended by Juan Carlos Sosa, Deputy Minister of Foreign Trade, as well as Alexander Polit, regional director of Axon and Rodrigo Cruz, local distributor of the brand.