PANAMA TELEPORT
Global Business City and Free Zone
For more information: contact us
Call us: ( 507 ) 6720-5916
1. PROJECT DESCRIPTION AND GOALS
• Privately owned Export Processing Zone
• 100% tax exempt for all types of taxes
• Organized as a logistic operations center
as well as a global center for business,
services and commerce.
2. Location of Panama Teleport
Just in the center of the American continent, parallel to the runway of the Tocumen International Airport & 45 minutes from the Balboa port on the Pacific side of the Panama Canal
3. Global Center for Business
Services and Commerce
A center for world trade of goods and services.
The Zone’s administration and operation center
will guarantee our customers the best conditions and support services to compete globally.
4. Global Center for Logistic
Services and Operations
A multimodal logistic platform created to develop a global trade network operation center at our Zone. Logistic management services, support facilities, efficient ground operations structure, a business intelligence unit with state of the art informatics support, will provide a highly competitive business structure. This includes a large warehouse storage capacities ranging from units of 1500 m3 to 9,000 m3.
5. Global Expositions and Convention Center
The Administration Building and Business Center integrated to facilities covering five (5) hectares, designed to carry out international fairs and conventions throughout the year.
6. Global Center for Electronic Commerce
BUSINESS TO BUSINESS EXCHANGE
A safe and highly sophisticated global electronic market for the purchase and sale of goods and services, through the Web. Wholesale business to business transactions with simultaneous participation of importers, exporters, banks, insurance companies, freight forwarders, cargo companies, and all agent involved in the sale/purchase process. The Panama Global E-Market Exchange system has been developed with the IBM e-commerce B2B exchange technology .
7. Global Investments Market .
It will provide, via Internet, a meeting place between investors and project owners and/or businesses looking for venture capital. An annual meeting, denominated Investment Open Market will allow worldwide Investors and Project Owners; to meet, discuss, negotiate and close deals.
8. Global Center for Aircraft Conversion, Repair, Maintenance, Paint and Support Services for International Aviation
The strategic location of Panama Teleport makes it a logical choice to provide services to the international aviation industry and operations.
Services to be provided:
• Conversion of passenger aircraft to cargo.
•Repair, paint, clearing and maintenance of all
types of commercial, private and military
aircraft from Worldwide.
• Sale & distribution of aircraft spare parts, etc.
• Aircraft Fuel and lubricants supply
• Supplies for crews and passengers in
commercial, private and military planes.
• Provide services requested by airplane crews.
• Operations support for all users of the Center.
• Security services at all levels.
• Assembly of airlines spare parts,
• Authorized representatives for aircraft sales.
9. Types of Facilities
The Zone have 100 hectares divided into 20 blocks.
These blocks are divided according to the business activities as follows:
Blocks Activity
10 Offices, logistic units, warehouses, international commerce , show rooms, manufacturing & assembling, back offices, services,…
4 Global center for aircraft conversion, repair, maintenance, paint and support services for international aviation.
1 Administration building and the expositions and convention center
4 Sewage treatment plant, trash recycling facility, telecommunications, power plant, water supply
1 Hotel and apartments
20 Total
Buildings were designed based on the type of business and named prototypes, as follows:
Alfa 0 Prototype: 1 floor; for warehouse and logistic purposes.
Alfa I Prototype: 3 floors; for commercial, logistics, show rooms, offices, warehouses.
Alfa II Prototype: 3 floors; for offices, factories, and processing of goods and services.
Alfa III Prototype: 7 floors; for industrial endeavors, offices, and high tech services.
Beta I Prototype: 7 floors; for intelligent building, for offices, show rooms and high tech companies.
Beta II Prototype: Similar to Beta I with a bigger capacity .
Delta Prototype: For laboratories & scientific research.
The Administration building & Convention and Expositions Center : A 10 floor building, with an enclosed area of 88,000 m2
10. SUPPORT SERVICES AND FACILITIES OFFERED BY THE ZONE:
The Zone will provide a complete scale of basic services that help the efficient development of the business activities of the customers.
10.1 Operational Services
• Rental of office space
• Rental of Auditorium, meeting rooms, conference halls,
provide services to hold seminars, video conferencing
systems, audiovisual equipment, etc.
• Rental of space in our container park, handling of
containers, cargo and shipping.
• Administrative, Secretarial and Office Managing.
• Personnel recruiting
• Trust Services
• Safe deposit boxes (inside a reinforced concrete building)
• Legal assistance for administrative, migration procedures, labor relations, operational and fiscal purposes.
• Investment promotion, joint ventures, liaisons between
investors and project managers.
• Incubator program for the promotion and development
of new export companies.
10.2 High Tech Services and Facilities
• Rental of space in our data base center.
• Managing of data bases.
• Access to worldwide database and networks
• International electronic commerce
• Data processing
• Multilingual software translation services
• High speed internet
• Web hosting
10.3 Infrastructure Facilities
• Fiber optic and Satellite telecommunications system for the exclusive use of our customers, including voice, image and high speed data transfer.
• 24 hour reliable power generation and distribution
• water purification and distribution services
• Water sewage treatment services.
• Collection, processing and recycling of waste.
10.4 Security Systems
• Access electronic control system at all gates.
• 24 hour tele-surveillance, on each building and
throughout the Zone.
• 24 hour private security personnel.
• Security against hacking and/or violation of
computers and telecommunications systems.
• The zone will be completely fenced with control
checkpoints at all exits.
• Security Control and Management Center
10.5 Other Services
• Repair and maintenance of electronic and office
equipment.
• Repair and maintenance of buildings, offices and
all installations.
• Transportation services for cargo and personnel.
• Sports, spas, gyms, as well as medical services,
restaurants, cafeterias, libraries, book stores,
beauty shops.
• Hotel services.
11. MARKET TARGET
Worldwide small, medium and large companies seeking for a combination of special incentives and operative advantages to compete successfully in the globalization environment.
Companies that use or manage intensively:
1. International logistic operations.
2. High tech informatics & telecommunications services ( Data bases, data processing, call centers, e-commerce, banking & financial operations, global management, international trading, stock exchanges, investment promotion…)
3. Companies seeking to conduct businesses globally through “back offices” or “office sharing”
4. Companies seeking specialized commercial and logistic global services.
12. BENEFITS FOR COMPANIES
• A 100 % exemption on all taxes, including
income tax, import and export taxes,
dividends…
• Use of the US Dollar as legal currency
• Free circulation of foreign and national
capital, without restriction of any kind.
Except illegal money from drug trafficking or
money laundering.
• Banking Secrecy over all legal banking
transactions is guaranteed by law.
• Free enterprise, free market and private
property system.
• Access to Panama’s International Banking
Center, with over 80 international banks
• Immediate access to air - sea transportation.
• Business and operations support systems.
13. INVESTMENT AND BUSINESS OPPORTUNITIES IN THE ZONE
We are offering three types of businesses:
•First, as clients and users of our services and facilities to conduct business.
•Second, as investors, financiers, strategic partners, joint partners and any other form of investment that will help develop our projects, such as the Hotel, telecommunications system, power plant, Exposition center.
•Third, as suppliers of equipment, machines, tools, accessories, furniture, etc. through strategic joint ventures.
14. Administrative Organization
Panama Teleport will carry out all administrative operations until demand requires the creation of different departments to carry the many administrative endeavors.
14.1 Panama Teleport Corporation
Is the parent company, and responsible for the concept, design, development, promotion and management of the Zone. Each internal service needed by the customers and all operational activity of the Zone, will be provided, initially by Panama Teleport. Once the demand requires a specialized provider unit, a specific company will be created to manage the service operation. Panama Teleport will hold a minimum interest of 51% of the shares of those companies.
14.2 Inmobiliaria Telepuerto, S.A.
Founded in 1986, it is the owner of the land and responsible for the Panama Teleport’s real estate transactions and administration of the real estate portfolio of the zone.
14.3 Technopolis Engineering
Provides oversite of all of the Zone’s construction. Responsible for all infrastructure construction and maintenance.
14.4 Global Logistic Management, Inc.
Created to manage the services of the multimodal logistic center of the Zone.
14.5 The Panama Global
E-Market Exchange, Inc.
(Business to Business E-Commerce Exchange)
It is in charge of the development and management of the e-commerce system, with the technical support of GBM/IBM.
14.6 Global Aircraft Conversion, Repair, Maintenance and Support Services, Inc.
Will develop and manage the specialized services in this field.
14.7 Human Resources R&S, Inc.
This firm will help with the recruitment and selection of local and international personnel required by the users of the Zone.
14.8 Panama Electronics Corporation
Its main activity will be the development of the necessary technological ability that will be required to repair and maintain the electronic equipment, security and control instruments, telecommunication and computer systems that will be installed.
14.9 Teleport Insurance Company
Will be created as an insurance company to administer insurance policies for all properties of PANAMA TELEPORT, S. A. as well as group and individual insurance.
14.10 Security and Safety Services, Inc.
This company will develop and manage the security system of the Zone.
14.11 Environment Management, Inc.
It will be in charge of sewage treatment plants, garbage collection, processing and recycling, gardens and the environment protection.
14.12 Panama Teleport Server Center, Inc.
This company will provide services for data bases, data processing, web hosting, etc.
14.13 Teleport Power Supply, Inc.
The Zone will have its own power source, completely reliable, with a guaranteed continuous supply of energy and at very competitive prices. It will supply energy throughout the Zone to all installations.
14.14 W.I.N. Travel Services, Inc.
Provides travel agency services
14.15 Comfort Services, Inc.
This firm will organize and manage recreational, health and food services such as: cafeterias, restaurants, beauty parlors, etc.
14.16 Panama Teleport Hotel, Inc.
This company will be in charge of the 400 room, five star hotel .
14.17 Global Investment Market, Inc.
Will be in charged of developing, managing and marketing of the investments market exchange.
14.18 Global E-Stock Exchange of Panama, Inc.
Provide an international electronic non-taxable Stock Exchange.
15. INVESTMENT PROFILE OVERVIEW
PROJECT | Investmet Amount (US$ Millions) |
Purchase of additional land for the Aircraft Hub and Container Port | 3.0 |
Infrastructures: Streets, sidewalks, water distribution systems, etc. | 28.0 |
Power Plant: 100 MW | 100.0 |
Telecommunication System – First Phase: Includes interconnection with submarine fiber optic cable nodes from Amador and a Data Center. | 10.0 |
Nine First Alpha-1 Buildings of the First Block: 4,530 m2 enclosed area | 15.0 |
The Panama Global E-Market Exchange (first phase): Electronic commerce | 5.0 |
Global Aircraft Repair, Maintenance and Support Services, Inc.: 50 hectares, 5 hangars for aircraft parking, landing strip, equipment, etc. | 70.0 |
Administration Building & Convention Center: 3.5 hectares, with 101,220 m2, intelligent building, with office space, show rooms, trade and convention area, auditorium, electronic international stock exchange, e-commerce system, hotel, restaurants, cafeterias, etc. | 85.0 |
&nb
Saint George University & International Training Center: Training of personnel to update knowledge or specialty training as well as in matters of international trade. | 75.0 |
Elementary and High School (includes a Kindergarten), for the children of the Zones personnel. | 3.5 |
Panama Teleport Hotel & Casino: 5 hectares., 400 rooms, with 30,490 m2, world class facilities for business, amenities, resort. | 75.0 |
Non Denominational Spiritual Center: 865 m2 | 0.5 |
Apartments for Executives: 505 high end apartments with 134,305 m2. | 81.0 |
Buildings for various types of industries, commerce and service: 90 high-tech buildings with 1,050,500 m2 | 500.0 |
Working Capital | 15.0 |
Feasibility Studies (including environmental impact and business plan) | 5.0 |
Unforseen | 10.0 |
TOTAL INVESTMENT | US$1,081.0 |
