{"id":29303,"date":"2020-07-06T11:13:44","date_gmt":"2020-07-06T16:13:44","guid":{"rendered":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=29303"},"modified":"2020-07-06T11:13:44","modified_gmt":"2020-07-06T16:13:44","slug":"five-multinationals-establish-hqs-panama","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/five-multinationals-establish-hqs-panama\/","title":{"rendered":"Five multinationals establish HQs in Panama"},"content":{"rendered":"

\"\"<\/a><\/p>\n

The establishment of five \u00a0headquarters of multinational companies \u00a0with an initial investment of $38 million has\u00a0 been approved by \u00a0\u00a0The Ministry of Commerce and Industries (Mici)<\/p>\n

Juan Carlos Sosa, vice-minister of Foreign Trade of the MICI, that this first stage will generate about 116 jobs.<\/p>\n

“After complying with all the requirements set forth in Law No. 41 of 2007, the companies Spectrum Biomedical Latam (Canada), Inceca Regional Services, Inc. (Nicaragua), ABB Central America and the Caribbean, SA (Switzerland), Al\u00f3rica Panama (United States States), and EY Latam North Holding, SA (the United Kingdom and the USA), will be able to start operations soon , said a Mici \u00a0statement,<\/p>\n

According to Mici the multinational companies are related to the manufacture of medicinal products, beverage production and distribution, electricity generation, call center services, and audits and tax services.<\/p>\n

“The approval of these licenses is one more step in the search for new investments, and will positively impact the economic reactivation that is currently being promoted,” said Sosa.<\/p>\n

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    The establishment of five \u00a0headquarters of multinational companies \u00a0with an initial investment of $38 million has\u00a0 been 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